If you want to renew your goods, we quickly provide you the financing you need, and we prepare the suitable repayment plan for your budget.
- You can benefit from the consumer financing for your needs like white appliances, furniture, television, computer, air-condition, etc.
- You can review monthly profit rates at the Financing Profit Rates and Fees page.
- You can have instalments for up to 60 month-term; you can pay your instalments monthly in equal amounts. As well as this, you can pay bimonthly or quarterly or in flexible amount instalments.
- If you have completed the age of 18 can apply for consumer finance.
- If you want to take advantage of consumer finance as a real person; you must provide the proforma invoice of the goods to be bought, identity card, and income certificate. If you're a paid employee, you must provide payroll or a document showing your net salary certified by your company.
- If you want to take advantage of consumer finance as a self-employed person; you must provide tax certificate, approved balance sheet and income statement, trial balance for the current year, operating certificate, title of deed copies if any, lease contracts, income documents and notarized signature statement, and you must also provide the same documents for the guarantors in case of need.
- If you want to take advantage of consumer finance as a legal person; you must provide the proforma invoice of the goods to be bought, identity cards of shareholders, notary certified list of authorised signatures, the Trade Registry Gazette example, registration certificate of the Chamber of Commerce, certificate of activity, balance sheets and income statements of the last three years and tax certificate copy issued in the last three year, and you must also provide the same documents for the guarantors in case of need
- You can visit the nearest branch of Albaraka with the required documents, fill out the application form and start the application process.
- If you don't have any missing information or documents, you can learn the result of your application within approximately 24 hours.
- For more information and banking transactions you can call 0850 222 5 666 or 444 5 666 Alo Albaraka Line.
- Allocation fee: will be charged 0.50% (five in a thousand) of the funding amount for all terms.
- Personal Accident Insurance: It varies according to the person.