​​​​​​Commission on late loan installment payments:
TypeApproved Fees  
1 monthKD 5/-
Insurance fees for Consumer loan50% of the insurance premium paid to insurance Co. not to exceed maximum 2% of the principal loan amount
Insurance fees for MBC & H/L50% of the insurance premium paid to insurance Co. not to exceed maximum 2% of the principal loan amount

Customer notification on the 3rd past due installment

TypeApproved Fees  
Consumer loan - per monthKD 20/-
MBC - per monthKD 30/-                             
H/L - per monthKD 30/-
Preparing facilities contracts (Internal Notarized)Min. KD 500/- Max. KD 2500/-

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