Terms and Conditions
High
Financing Limits: Flexible financing ranging from IQD 35 million up to IQD 50
million.
Flexible
Repayment: Extended repayment periods of up to 6 years.
General Terms & Conditions
Eligibility: Financing is available
exclusively to government sector employees whose salaries are domiciled
with the Bank.
Protection
& Security: A life insurance policy in favor of the Bank is required to protect its
rights.
Age
Requirement: The borrower must not exceed 60 years of age at the time of the final
installment.
Financial
Capacity: The
monthly installment must not exceed 50% of the borrower’s net salary or
total income.