Depending on customer's needs, customers have two options to choose from when it comes to borrowing:

• Consumer Loans: A medium term personal loan repayable in monthly installments during a period not exceeding 5 years.
• Housing Loans: A long term personal loan repayable in monthly installments during a period not exceeding 15 years.

Consumer loan is a medium-term personal loan, maximum of 5 years, extended to a customer for the purpose of financing personal consumption needs.

Housing loans may be used for the purpose of borrowing for the purchase and repair of a private residence (non-commercial).

There are different limits for the consumer loans and housing loans. The maximum borrowing amount for consumer loans is up to 25,000 KD or 25 times net salary whichever is less, and the maximum borrowing amount for installment loans is up to 70,000KD. Subject to Gulf Bank credit policy.