Financing for Pensioners

---

Terms

• The salary of the debtor and the guarantors must be transferred to the Bank.
• If the sponsor/guarantor is retired, a financing plan is available if a salary guarantee for both the beneficiary and sponsor/guarantor is available in addition to the sponsorship permit of the spouse, or first and second-degree relatives.
• If the sponsor/guarantor is not retired and has a first-degree relation with the beneficiary, the funding is granted with the salary guarantee of both the sponsor and the beneficiary.
• Monthly installments must not to exceed 30% of the value of the salary.
• Liabilities of the beneficiary and the guarantor are not to exceed a 100% of the salary.
• A Takaful life insurance policy must be issued for the total value of the financing period and in the Bank's favor.