Loan Application Process

Required Documents

For All Loan Types
  • Copies of National ID card of the borrower/guarantor
  • Documents related to the matter of obtaining the loan
  • Copy of the bank book of the borrower
  • Evidence related to the matter of borrowing must be presented in the name of the borrower

Guarantor Requirements

General Requirements
  • The appointment should be permanent
  • Should be within 40% of basic salary
  • Borrowers should not have signed more than 2 guaranties
  • Cannot retire during the recovery period
  • Should be entitled to pension
Special Cases
  • No guarantee required for officers with 10+ years service
  • No guarantee required for employees with 20+ years service
  • If guarantor has 10+ years, only one needed
  • Otherwise, 2 guarantors with 5+ years required