SALAF Personal Loan, your instant solution when you need to borrow on a short-term basis
- Transfer your salary to MBI and benefit from “Salaf”, an overdraft facility against your salary
- Sign up for Salaf now and get immediate access to overdraft facility (equal to one month salary)
- Fast and simple enrollment
- Competitive monthly interest rates
- Avail of your Salaf credit facility via cash withdrawals at MBI counters or via your debit card anywhere locally or overseas
Personal Loan against Salary-Transfer Customers
- Personal loan of up to IQD 75 million
- Loan tenor up to 5 years
- Competitive interest rate
- Accessible wherever need it via the network of branches and ATMs, needs to be rephrased
- Ability to top up an outstanding loan
Eligibility for Personal Loan against Salary Transfer Customers:
- Available for Private Sectors only
- Applicant must be 23+ of age (loan tenor should not run beyond 60th birthday)
- The applicant should provide a personal guarantor or appropriate collateral mortgage
Required Documents
- Salary statement addressed to “Mansour Bank for Investment” stating the employment starting date, nature of work, nominal and gross salary, and net monthly salary
- Completed loan application supported by other documents / proof the Bank may stipulate
Housing Loan:
Transfer your salary to MBI and buy the house of your dreams with a competitive housing loan
- Personal loan of up to IQD 300 million
- Loan tenor for up to 10 years
- A highly competitive interest rate
- Accessible wherever need it via the network of branches and ATMs
Eligibility for Housing Loan:
- Available for Salary Transfer Account holders only
- Applicant must be 23+ of age (loan tenor should not run beyond 60th birthday)
Required Documents:
- Salary statement addressed to “Mansour Bank for Investment” stating the employment starting date, nature of work, nominal and gross salary, and net monthly salary
- Completed loan application supported by other documents / proof the Bank may stipulate