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    ila Personal Loan

ila Personal Loan Picture

ila Personal Loan

Loans, simpler than ever. A simpler way to finance what matters - through the ila Bank app.

 

Whether you're planning a major purchase, renovating your home, funding your education, or pursuing an important personal goal, ila Personal Loans provide a simple and convenient way to access financing through a fully digital experience.

 

From application and approval to signing and disbursement, every step takes place through the ila Bank app, helping you move forward with confidence while enjoying the simplicity and ease that define the ila experience.

Flexible financing, delivered digitally

Key Features

  • Access a personal loan starting from BHD 1,000

  • Flexible repayment terms

  • Apply and track your application through the ila Bank app

  • Electronic signing through DocuSign

  • Eligible facilities with other Bahrain banks may be transferred to ila Bank

  • View your outstanding balance, payment history, and repayment schedule directly through the ila bank app

Eligibility

Minimum age

  • 21 years

Maximum age at facility maturity

  • Bahrainis: 65 years

  • Non-Bahrainis: 60 years

Minimum gross monthly income

  • Bahrainis: BHD 400

  • Non-Bahrainis: BHD 1,000

  • Self-employed: BHD 2,000

Available to salaried, self-employed, and pensioner customers

Minimum employment period

3 to 6 months, depending on employer category

How to apply - ila Personal Loan

 

 

How to apply?

Apply directly through the ila Bank app.
Upload your income documents, and a Salary Transfer Letter. Once your application is submitted, documents are signed electronically through DocuSign. Upon approval, the facility is booked and the funds are credited directly to your primary ila BHD account.
For details on fees and charges
For the ila Personal Loan FAQs

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