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What can Al Wathbah do for me?
Al Wathbah can finance all your
working capital requirements.
What is the type of finance?
One can avail of any of the
following - loan, overdraft, Letter
of Credit, Loans Against Trust
Receipts or guarantees.
What is the repayment and validity
tenure?
The amount is repayable on demand
and the maximum validity is one year
only or in 48 monthly installments
in the case of a loan.
What is the interest rate on an Al
Wathbah facility?
An interest of 9% p.a. will be
applied monthly on actual
outstanding.
This is payable every month. There
will also be a commission of 0.125%
for Letter of Credit, 1.5% for
non-financial guarantees and 2.4%
for financial guarantees.
For contact details,
click here
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