Personal Financing

Supporting your reach towards life goals.

  • Eligibility

    Brunei Citizens, Permanent Residents and Foreigners*

    Individuals between the age of 18 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

    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.

  • Fees and Requirements

    You may refer to the Bank's Schedule of Tariffs and the list of applicable rates for this product.


  • Financing facility that provides customers with funds up to 18 times of your net monthly income.

  • You may spread out your monthly payments up to 6 years.

Suitable For

  • Retired Individuals

  • Working Professionals

Quick links

Shariah Concept


Tawarruq consist of two sales contract. The Bank will purchase Shariah-compliant commodities from a supplier and sell the commodities to the customer (1st sale contract), disclosing cost price and profit amount (“Murabahah”). Customer, as the owner of the commodities, can appoint the Bank as their disposal agent (“Wakil”) to sell the commodities (2nd sale contract) to a third party on their behalf, and as their payment agent to credit the sale proceeds to the customer’s account and/or make payment arrangements as agreed by the customer.

Further Information

Please read the Product Disclosure Sheet and the General Tawarruq Terms and Conditions of Sale before you decide to apply for Personal Financing.