Personal loan

Member since 09 December 2014

Lanaliya88Member09 December 2014 22:30:09

Hello...i just wanna ask regarding personal loan...i am currently working in jeddah for one and the half year. Im using NCB bank for my salary... I really need to apply for a Loan but unfortunately NCB bank stop giving loan to our company. I have credit card with them... Any suggestion?? Your reply highly appreciated... Thank you very much

eng_asm Active member

Member since 07 October 2014

eng_asmActive member10 December 2014 02:35:53

You need to check about the signed agreements with other banks.
You can check with your HR department about that.聽 They should have a list of banks they have agreement with.

riazcdki Serial expat

Member since 01 May 2014

riazcdkiSerial expat10 December 2014 03:06:23

900

Hello Lana,

You can apply for loan from any bank offering good interest rates and minimum processing fees.

I suggest you call major banks on telephone and get information. It is not necessary that you apply at the bank where your salary is credited each month.

Your main task will be to negotiate the letter of introduction from your employer's HR. Each bank demands a particular format of an 'introduction letter' and your employer may not feel comfortable with it.

eng_asm Active member

Member since 07 October 2014

eng_asmActive member10 December 2014 03:10:17

A signed agreement between employer and bank is a mandatory fir getting bank loan

zizoooo Member

Member since 09 December 2014

zizooooMember10 December 2014 17:26:17

hi,
if your company made an agreement with the bank, they can give you what u want.
but if there are no agreement the bank will give you the same amount as the EOS.

i have tried several times to take a loan to buy a car cash so i know exactly the process.