Salary Advance

We’ve all had our share of life’s unexpected demands. These are times we wish there was a little extra when it comes to our salary. At Gulf Bank, we have introduced an innovative new service that lets you access up to 2 months salary, in advance. Enjoy simple documentation, quick approvals and above all, an easy repayment scheme. So the next time, no matter what life throws, you are ready with Salary Advance.

Features

  • Salary Advance facility can be utilized at ATMs and point-of-sale, locally.
  • Both Kuwaitis & Non-Kuwaitis with a minimum salary of KD 350 can apply.
  • Subscribe to Salary Advance service at just KD 10. Renewal fees charged are KD 10. Customers can benefit from this facility over the counter for just KD 1.

Terms & Conditions

  • The customer should have transferred his/her salary to Gulf Bank at least one month before applying.
  • To qualify, customers should have at least 4 months service period with their current employer.
  • Salary Advance limit for Kuwaitis is maximum 2 times their net monthly salary. For Non-Kuwaitis, the amount equals the end of service benefits at the date of the application.
  • Maximum limit for both Kuwaitis & Non-Kuwaitis should not exceed KD 10,000