BANK OF PALESTINE P.L.C.
The First National Bank

 

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BoP Exchange rates as
of 09/05/2008

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USD/ILS 3.4100 3.4800
British
Pound/ILS
6.6000 6.9000
J.Dinar/ILS 4.8028 5.0072
USD/J.Dinar 0.6950 0.7100
EUR/ILS 5.2514 5.4010
Gold/USD 884.25 885.15
EUR/USD 1.5400 1.5520

Prices are indication only
For more information call
+972 8 2846621

Personal Banking > Loans
   
 

At the BoP we believe that each person has unique needs which is why our loans are designed to help meet your individual needs. Whether you need help or come across the perfect opportunity to make a purchase, apply for the suitable package of our various packages of loans and see how quick and simple the process is. We promise to give you an answer to your loan request within a week.
Applications are welcomed by non-BoP customers, however you will be required to provide additional information. A guarantor or other form of colateral may be required. For employees who need a loan, a BoP loan is a flexible personal loan facility linked to your salary. It is a convenient way to finance a wide range of purchases, such as a new car or new home furnishings. It could even be used for educational or medical expenses. Make your dreams come true today!

We offer the following loan types:
Employee Loan:
This program is designed for employees in the private and public sectors, if you are an employee who works in the private or the public sectors, and you get your salary through Bank of Palestine, you can take advantage of this loan program.

Employee Loan Features
Approval quickly and efficiently (subject to submission of required documentation).

Borrow up to 20 times your monthly salary.

Up to 36 months to repay.

Available only to BoP accounts holders who have their salary paid directly into their BoP account.
Repayment automatically deducted from your BoP account. Details of 3 accepted guarantors should be provided.
The customer's total monthly obligation (including interest) to the Bank should not exceed 50% of the transferred monthly salary.
Competitive rates and commissions.


Personal Loan:
This program does not require the applicant to be an employee who earns his salary through BoP. This program is designed to help you to finance your personal needs.

Personal Loan Features
Approval quickly and efficiently (subject to submission of required documentation).

Provide solid guarantee.

Up to 60 months to repay.

Available to every one that can provide the required guarantees.
Repayment automatically deducted from your BoP account.
You will save interest if you accelerate repayments.


Overdraft Facilities:
Do you urgently need cash?
Bank of Palestine offers overdraft facilities subject to arrangements.

Overdraft Facilities Features
Available only to BoP accounts holders who have their salary paid directly into their BoP account.

You get up to 200% of you monthly salary.

No guarantees required.

Competitive rates and commissions.


Moreeh Loan:
Do you want to furnish your home , buy electrical appliances, buy a PC, etc. ?
Bank of Palestine has the solution in EL Moreeh loan program to enable you to buy all that you need. The bank has signed an agreement with a very wide network of commercial stores and companies to enable you to buy what you need.

Moreeh Loan Features
Approval quickly and efficiently (subject to submission of required documentation).

Up to 36 months to repay.

Available to every one regardless of whether they have their salary paid directly into their BoP account.

Repayment automatically deducted from your BoP account. Details of 2 accepted guarantors should be provided.
The customer's total monthly obligation (including interest) to the Bank should not exceed 40% of the transferred monthly salary.
If you have your salary paid directly into your BoP account , you can get as much as $1200 without any guarantees.
Competitive rates and commissions.


Educational Loan.
Do you face problems in financing your children education?
Take care of your children's future and ask about our educational loan package. Bank of Palestine is going to wipe out all your worries.

Educational Loan Features
Approval quickly and efficiently (subject to submission of required documentation).

Fixed monthly payments equal to 15% of the first term cost.

Loan payments are made at the beginning of each term. 

Available to every one.
Repayment automatically deducted from your BoP account. Details of 2 accepted guarantors should be provided.
The customer's total monthly obligation (including interest) to the Bank should not exceed 50% of the transferred monthly salary.
The loan period is extended till after graduation.
Competitive rates and NO commissions.


Housing Loan (ISKAN Loan):
Do you wish to own a small house or an apartment ? Do you want to repair your existing one or add improvements to it ? Do you even wish to buy an office space for your business ? if you are getting your salary through Bank of Palestine, what are you waiting for? Make your dreams true with BoP Housing Loan.

ISKAN Loan Features
You can borrow up to 20 times your monthly salary.

It can be repaid over a period of 5 years.

Available only to BoP accounts holders who have their salary paid directly into their BoP account.

Details of two accepted guarantors with their salaries paid directly into their BoP accounts should be provided.
During the loan duration, BoP insures the borrower's life by the remained loan amount.
Competitive rates and NO commissions are taken.


Al Nokhba Loan:
This scheme enables certain salaried customers to obtain thirty times their salaries.

Al Nokhba Loan Features
You can borrow up to 30 times your monthly salary.

It can be repaid over a period of 5 years.

Available only to BoP accounts holders who have their salary paid directly into their BoP account.

Details of three accepted guarantors with their salaries paid directly into their BoP accounts should be provided.
Competitive rates and NO commissions are taken.

Iyadaty program (My Clinic):
This loan program is designed for doctors, medical staff and medical equipment companies in order to help them to improve or furnish their clinics and medical laboratories.

My Clinic Loan Features
You can borrow up to 30 times your monthly salary.

It can be repaid over a period of 5 years.

Made – to – measure loans:
You can design your own loan features through BoP made – to – measure loan scheme. BoP has launched this scheme to enable you to structure your loan according to your own requirements and repayment capabilities.

Made–to–measure Loans Features
Your monthly salary and any other additional income paid regularly into your BoP account will enable you to borrow the amount of money you need over the most suitable repayment period.

Repayment period can stretch up to 84 months.

Repayments are automatically deducted from your BoP account.

 

 

For more information contact the nearest branch to you.


 

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