Natural Person's Support Loan

QMB's Natural Person's Support Loan scheme is for customers seeking access to the interest-free loans at the shortest possible time. In this scheme, applicants can deposit what sum is possible for them and are granted loans to resolve all or part of their financial needs. Under normal circumstances, a customer is required to achieve a specific average balance for a minimum of three months after opening the account; however, this scheme suits those who cannot wait to achieve the required average balance. Consequently, after the set waiting time and by completing the application documents, the applicant is granted a Natural Person's Support loan of up to 400 million IRR. The repayment term can be extended to up to 36 months.

Date:
2019/08/17
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