Naqd Financing
Keeping you sheltered on rainy days
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Eligibility
Brunei Citizens, Permanent Residents and Foreigners*
Individuals between the age of 21 and 65 years**.
Employed with Brunei Government, Semi-Government or private companies approved by BIBD including self-employed individuals
*Requires valid VISA or Employment pass.
**The maximum age of Customer is 55 years if the Customer is not receiving TAP/SCP and SPK, 60 years if the Customer is receiving TAP and not exceeding 65 years at the time of expected financing maturity.
The final entitlement shall be subject to BIBD’s internal credit policies and assessment. -
Required Documents
Original copy of Identification Card or Passport
Original copy of latest Salary Slip
Letter of Confirmation (Salary / Pension / Service Contract)
Latest 3 months Bank Statements if salary is assigned with other Financial Institutions (where applicable)
Business Registration Certificate (where applicable)*
*Subject to BIBD’s assessment of the company’s/customer’s employment profile.
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Fees and Requirements
You may refer to the Bank's Schedule of Tariffs and the list of applicable rates for this product.
Features
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A short-term revolving facility that provides customers with funds up to 18 times of your net monthly income.
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The financing can either be secured or unsecured, and you may spread out your monthly payments over 12 months.
Suitable For
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Retired Individuals
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Working Professionals
