Which employment sectors are eligible for personal finance?
We offer personal finance to all employees of the government, the military and the private sector, as well as pensioners.
If I have income on top of my monthly salary, do you consider this in my finance calculations?
Yes, we consider it in your finance calculations.
If I already have personal finance with another bank, am I able to apply for personal finance from Alawwal ?
Yes, we can even apply for a loan transfer, where we pay off your outstanding loan in full and offer you a new loan.
If I have a credit card, does this mean I can borrow less?
Your credit card is considered in your borrowing capacity. If you have a good credit record of paying your credit card on time, this will increase your eligibility for personal finance.
Would I have to transfer my salary to my account with you?
Yes, transferring your salary to your Alawwal account is a prerequisite for finance approval.