Loans are going to be provided to citizens who are 23 years of age and above. In order to receive a loan you have to have the following documents with you: Passport and Social Security Card
Items that are priced 35 000 drams and over can be purchased through a credit sale transaction.
The transaction will be completed in the stores, with the help of a specialized application.
There are
3
possible ways to complete a credit sale transaction:
✔ With an 8.33% prepayment, 0% interest rate and a time frame of 3-11 months to complete the transaction.
✔ With a 0% prepayment, 18% interest rate, a time frame of 24 months and a 0.8% service fee up to 1.500.00 drams. (during the first 12 months no interest rates nor service fees will be charged)
✔ With a 0% prepayment, 18% interest rate, a time frame of 24 months and a 0.8% service fee up to 1.500.00 drams. (during the first 12 months no interest rates nor service fees will be charged)
A special offer for smartwatches:
✔ With an 8.33% prepayment, 0% interest rate and a time frame of 3-11 months to complete the transaction.
✔ With an 8.33% prepayment, 0% interest rate and a time frame of 3-11 months to complete the transaction.
The credit sales are not compatible with other sales and offer alike.
