Bi'al Murabaha product stipulation Home Appliances and Accessories

To obtain financing from the Islamic banking department, the customer must submit the following documents and agree to the following conditions:


1: The customer's age should not be less than 18 years and not more than 60 years

2: Lack of customer debt from other institutions (banks and financial institutions)

3: Two years of work experience and at least 12 months inthe current job 2 years of work experince in business

4: The service period of Afghan Melli Bank employees should not be less than one year

5: The service period of the guarantors should not be less than 5 years, if there is no real estate guarantee, but if the pension rights of the guarantors meet the total financing amount, even if their service period is less than 5 years, it is acceptable to the bank.

6: The client's current residence address must be officially confirmed by the relevant district attorney.

7: The financing period is maximum 3 years

8: The minimum salary of the customer to finance household goods is 40% of the monthly salary

9: The annual interest rate up to 100,000 (one hundred thousand) Afghanis is 8% fixed per annum and more than one hundred thousand Afghanis is 7% annual interest rate based on the fixed rate.

10: The implementation of financing is based on the guarantee of retirement of government employees and the full commitment of the administration in front of financing

11: The amount of (300) Afghani is charged for checking the indebtedness (PCR of the customer and guarantors).

12: During the delivery of the information request form, the customer must have the original ID card and the guarantors with him and at the same time open an account with the general management.

13: The maximum amount of financing is 500,000 Afghani.

14: Cash guarantee (10)% is collected from customers

15: Financial guarantee by two civil and official government employees who have the ability to repay the installments and their pensions will satisfy the fund collection is a basic condition.