Personal Loans
Product Name |
Loan Amount ($) |
Maximum Time |
Personal Loan -First Period |
500–3000 |
30 |
Personal Loan -Second Period |
3,000-5000 |
36 |
Product Name |
Loan Amount (NIS) |
Maximum Time |
Personal Loan -First Period |
2000-10000 |
30 |
Personal Loan -Second Period |
10001-20000 |
36 |
Loan applicant should fulfill the following conditions:
- Loan disbursed on cycling bases.
- The client must provide a salary slip to proof that he has a fixed income.
- Classification of the loan applicant credit registry by the company following an inquiry by the monetary authority. Degree of risk A or B.
- Only loan cycle system
- 25 NIS non refundable Application fees
- Borrower financial commitments should not exceed 50 % of the borrowers monthly income.
- Classification of the borrower and guarantor on the returned check system (A,B,E).
- Has the financial ability to repay the loan
Note:
If there is a procedural legal case as a guarantee, the commission stays 0% on the contract.
If there is a bank guarantee, the commission becomes 1.5% on the contract.