Sahel by BCFC

With Sahel, you can enjoy the following benefits: • Apply for a loan or a credit card in minutes with minimal steps and digital documents and signatures. No need to visit the branch or wait for approval. • A comprehensive view of your credit card, personal loan, and vehicle loan details • Get instant access to your virtual credit card and use it online or in-store. • You can also view and manage your card details, PIN, and transactions on the app. • A full access to your transactions and statements, as well as quick payments for your loans and credit cards. • Make payments for your loans and credit cards using BenefitPay or other convenient options. • A pre-login service that allows you to make payments and locate branches without signing in. • Earn and redeem loyalty points in the app for every IMTIAZ transaction you make. • Explore a range of after-loan services such as insurance. • A new secured login and registration process with 2 factor authentication. • Easy to connect your Government E-salary details through Benefit with collaboration of Civil Service Bureau (CSB) for salary bank account statements through Open Banking for a faster approval process of the credit application. Download Sahel today and discover a new way of digital financing. Sahel is powered by BCFC, the leading financing company in Bahrain. Interest Rates/Fees and Charges: Interest Rates Personal Loan Starting From 9.6% To Maximum 21.6% Vehicle Loan Starting From 9% To Maximum 17.6% Mortgage Loan Starting from 9% To Maximum 18.6% Maximum Annual Percentage Rate (APR): 21.6% Credit Card Monthly Interest Rate 1.9% - 2.5% Annual Interest Rate 22.8% - 30% Loan Period: 6 (Months) to 84 (Months) Loan Offer Example: Offer Loan Amount: BHD 5,000 Administration Charges: BHD 100, VAT BHD 10 Life Insurance: BHD 113 Offer Amount Plus Charges: BHD 5,223 Interest Charges: 2,211.029 Total Finance Amount (Offer Amount plus Interest & Charges): BHD 7,434.029 Nominal Rate of Interest: 10.5% Annual Percentage Rate (A.P.R): 11.052% Annual Percentage Rate (A.P.R) Formula: ((Interest Charges + Administration Charges / Finance amount) / Number of days in loan term) X 365 X 100 Number of Installments: 84 (Months) Monthly Installment Amount: 89 Last Installment Amount: 47.029 First Installment Date: 5th May 2023 Last Installment Date: 5th April 2030 For more details of Services Fees & Charges: https://www.bahraincredit.com.bh/AboutUs/ServicesFeesCharges/