you may know us as compareit4me
Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
National Bank of Bahrain - FlexiLoan National Bank of Bahrain - FlexiLoan Minimum Salary: BHD 350 Salary Transfer: No Islamic Finance: No Maximum Term: 7 Years Flat Rate: 3.0% Reducing Rate: 5.4%
Apply Online Now
Fill in your details below and a product advisor will call you back with more details.
At present, you can't apply for this product via yallacompare.com. But don't worry, by filling in the form below we'll help you find other options that you can apply for!
Some required information is not valid
The NBB FlexiLoan program allows you the flexibility to pay back the loan in installments that increase with the loan tenor. The installments start low and increase every year so you have adequate cash in your hands when you need it most. The Flexi loan allows you the flexibility to manage your cash flow so much better, since the installments are lower in the beginning, and increase as your salary grows!

Features & Benefits:
  • Flexibility in paying loan installments
  • Flexibility in managing your cash flow
Eligibility:
  • Minimum required salary: BD 350
  • Bahraini National
  • Working with the government or a reputed private organisation
Conditions apply. All loans are subject to approval by the Bank. APRs for personal loans from NBB start from 8.49%.  APR calculated on a standard    loan of BD 10,000 for 84 months.

 

 
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The calculated Annual Percentage Rate(APR) is determined using the annual interest rate on the product plus fees and other costs. The APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator
State Bank of India (Bahrain) - Personal Loan
Minimum Salary
BHD 800
Flat Rate
3.75%
Bank of Bahrain and Kuwait - Consumer Loan
Minimum Salary
BHD 200
Flat Rate
3.5%
Ithmaar Bank - Personal Finance
Minimum Salary
BHD 400
Flat Rate
2.89%
BisB Tasheel Personal Finance
Minimum Salary
BHD 300
Flat Rate
3.0%