Gulf African Bank - Personal Finance

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Personal-finance

Gulf African Bank offers convenient access to financing enabling you to pay school fees, settle medical bills or to purchase home appliances.

  • Access to other GAB Finance Products

  • Competitive profit rates

  • Personalized service

  • Free financial consulting

  • Turn around processing period of 4days.

PRODUCT CLASS PURPOSE FINANCING RATIOS FACILITY LIMIT

SERVICES (Twarruq)

To meet personal needs e.g. school fees & Medical Bills

100% of amount applied for subject to qualification

Minimum Kshs.100K
Maximum:Kshs.2.0M

WHITE GOODS (Murabaha product)

To purchase White Goods e.g. furniture, electronics & other home appliances

Up to 90% of amount applied for subject to qualification

Minimum Kshs.100K
Maximum:Kshs.2.0M

  • Duly completed facility application form

  • Duly signed sale agreement

  • Pay slips for the last 3 months.

  • Letter of introduction from employer.

  • Certified bank statements for the last 6 months.

  • Copy of ID/Passport & Copy of PIN Certificate.

  • 3 passport size photos

  • Submit school fees structure, medical bill/quotation or a proforma invoice.

  • Commitment levels at 50% of net income.