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S A F R A B A N K

Updates:

Get upto 4%* on our Savings Account Balances with Safra Bank.

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Dear Customer, We have launched Video KYC facility for New customer to open savings ac

Consumer Loans

 

Uses

By car or boat to your desire

You can choose the land piece you’ve never dreamed of getting

Relax with a joyful holiday for you and your family

Cover the costs of education

Pay the cost of medical care

Cover other personal expenses


Affordability

The minimum that you need a ???? Only a low deposit – which can be also of only 10%. There is no limit to how much you can borrow a time that you can meet your obligations

We develop a project around your budget – we work with you to develop an advanced payment scheme that suits your budget to the maximum. Apply our Budget Planner to estimate the amount that you can borrow

When the loan is approved, you set the date on which you are able to make your monthly payment on the loan. We can also help arrange for coverage loan paid automatically from your account

Because of the interest you pay is tied to the current market rates of interest they earn discounts when market rates fall

Rate of interest is calculated daily on the balance of your loan degrading minimizing costs


Term

Allow you the time to repay – Loans are available for terms up to five years *

We also provide extended terms – up to 15 years for the loan to purchase land


*Long time are available and apply for the loan terms can be negotiated. Some fees may be charged. People aged 18 and over can only apply for the loan


Required Documents

National identity card or passport must be provided

Housing expenses bill – telephone, water, electricity or similar – to confirm your residential address

A letter from your employer and writing confirmation of the most recent salary report

Copies of recent bank statements (in case if you apply for a loan the first time)