Do you have a big plans but lack the funds? with IDB's Personal Loan, you can make your plans and dreams come true. Our Loans are accessible, affordable and comfortable.
apply for a Personal Loan now
Loans Benefits:
Loan up to 25 million IQD.
Repayment period of up to 48 months.
Annual interest rates starting from 7.5%.
Loan Terms:
The borrower must be a government employee with domiciled salary with IDB.
The borrower must issue a life insurance policy.
The borrower should not exceed the age of 59 years by the time of settlement.
The borrower’s net salary should be twice the amount of the monthly installments (the debt burden ratio cannot exceed 50%, as specified by the Central Bank of Iraq).
How to get a loan:
The borrower must present his/hers employer’s commitment signed and stamped to domicile his/hers salary at IDB.
If the loan amount exceeds 10 million IQD, the borrower must provide a government employee guarantor.
The borrower must seek a property mortgage (optional).
For more information, please contact our call center at 6660 or visit your local branch.
All loans are subject to IDB’s credit policy and associated terms and conditions, and required Central Bank of Iraq regulations. All information available on this website is valid as of the latest date of amendment on website June 2019. Note that this information can be subjected to change without prior notice.
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