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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:

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  • 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.