BMI Bank defers loans installments for two month

Jamal Al Hazeem CEO BMI Bank
BMI Bank announced a two-month deferment on installments for its Salaf personal loan customers free of charge. The special offer, which is available on request only, will be available to both existing customers as well for those who apply for a new Salaf personal loan with the option to defer their installments for the month of July and August 2012.

“As a responsible and customer centric Bahraini Bank, we believe it is our responsibility to play a leading role in assisting our loyal customers who place a lot of faith in us, better manage their finances. With the advent of the summer holidays followed by the Holy month of Ramadan, we hope to ease the strain on our customers and their families. This free deferment of installment amounts on our Salaf personal loan product for the months of July and August demonstrates our commitment towards our customers and stems from our creed – better, together which is at the heart of our operations.,” Jamal Al–Hazeem, Chief Executive Officer of BMI Bank, said.

Customers who would like to take advantage of this opportunity should visit any of our branches along with their original CPR/Passport and fill out a simple loan deferment form.”

The Bank recently unveiled a promotion titled “Salaf Special” offering customers the opportunity to benefit from free life insurance and zero administration fees in addition to a low interest rate of 6.25%. The Salaf Special personal loan promotion, which runs from till the end of August 2012, is applicable to customers applying for a new loan or looking to transfer their existing loans to BMI Bank. Additionally, customers applying for the Salaf Special will have the option to defer their first installment by up to 60 days.

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