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