The Salaf Special personal loan promotion, which runs from the 20th of May 2012 to the 31st of August 2012, is applicable to customers applying for a new loan or looking to transfer their existing loans to BMI Bank.
Commenting on the initiative, Jamal Al-Hazeem, Chief Executive Officer of BMI Bank said: “In line with our motto of better, together, I am pleased to roll out this value added promotion on our Salaf personal loan that provides customers with an opportunity to benefit from one of the lowest interest rates in the market at 6.25% p.a. whilst receiving the highest possible loan amount due to the waiver of both administration and insurance fees. Additionally, customers applying for the Salaf Special will have the option to defer their first installment by up to 90 days.”
“Moreover, customers looking to transfer their existing loans with other Banks to BMI Bank can do so under the promotion without incurring any additional costs, thereby reducing their monthly obligation. As a responsible local bank, we understand our customers better and recognize the need to tailor our products and services to better suit their requirements. The new promotion is in line with our commitment towards providing our customers with valuable, rewarding and competitive financial solutions that exceed their expectations.”
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