Many banks have granted several facilities regarding borrowing and savings vessels, which are suitable for the needs of customers, the most important of which is the salary payment service in advance, which enables the customer to withdraw the salary ahead of time, according to a number of conditions and criteria.
Details of the salary advance service in a number of banks:
It is with the highest facility value up to 65% of the monthly salary, with a maximum of 20 thousand pounds, and a minimum of 500 pounds.
The facility amount can be withdrawn or paid more than once during the same month.
The return rate is 1%, and the administrative expenses are 50 pounds annually.
The withdrawn amount is paid immediately upon transferring the monthly salary to the payroll card.
The minimum salary is 1,000 pounds for the public sector, and 1,500 pounds for the private sector.
The service is available to customers whose salaries are transferred monthly to the bank.
Obtaining credit facilities, up to 50% of the value of the monthly salary in advance.
The maximum facility is 50 thousand pounds.
The amount is automatically repaid upon transfer of the customer’s regular monthly salary.
Competitive return rate of 2%.
Dealing directly with the balance 24 hours a day, seven days a week, via electronic services.
The possibility of withdrawing the balance directly through ATMs.
Commercial International Bank CIB:
The customer gets a credit limit of up to 90% of the monthly salary, with a maximum of 150,000 pounds.
The customer can withdraw the balance directly from the ATMs.
There is no charge for cancellation or payment.
Competitive interest rate ranging from 18.5% to 23%, calculated on the outstanding outstanding balance only.
The amount can be paid through more than 198 branches and 440 cash deposit machines.