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Supplementary Disclosure Regarding the Initial Approval on the Conversion of Gulf Bank to a Bank Compliant with Islamic Sharia’a
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Time Deposits
Interest Paid on Maturity High competitive interest rates
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Gulf Bank's Monthly Salary Account and Red Account Draws are Set to Take Place Live on Marina FM
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Monthly Interest Deposit
...le – 3 months, 6 months, and 12 months No restriction on maximum deposit amount On maturity the deposit is renewed automatically at the prevailing rate of interest The higher the deposit amount and longer the tenor, higher the interest rate Competitive rate of interest depending on tenor and deposit...
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How can I download the Mobile Banking app?
...le Banking app from iPhone App Store (and/or) Android Play Store into your smart phone.
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Interest Paid on Maturity
...deposit is renewed automatically at prevailing rate of interest The higher the deposit amount and longer the tenor, higher the interest rate Interest rate is fixed for the entire tenor Secured deposit and interest is guaranteed on maturity Competitive rate of interest depending on tenor and deposit ...
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Secured Cash Loan
Cash collateral or third party guarantor required. Maximum loan amount up to 90% of the collateral amount at an annual interest rate of 6.5%. Choice of repayment period up to 5 years. Short term loan. No minimum salary requirement. Customers who seek for alternative cash other tha...
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