WEDDING FINANCE
Wedding Finance
Have the wedding of your dreams
Wedding Finance provides you the necessary facilities to complete your wedding ceremony in easy installments.
Product Features:
- Easy procedures and quick approvals.
- Best offers from our authorized service providers.
- Easy monthly installments.
- Co-borrowers are allowed.
- Wide networks of wedding halls and wedding planners.
Segment Features:
- Salaried Employees.
- Self Employed Business (SEB).
- Self Employed Professionals (SEP).
Financed Amount:
- Minimum SDG 20,000.
- Maximum SDG 750,000.
Finance Tenure:
- Minimum 12 months.
- Maximum 36 months.
Minimum Income Requirement:
- Salaried SDG 1,500.
- SEB/SEP SDG 2,500.
Maximum Debt burden:
- 40% of net income.
Minimum Equity Requirement:
- 15%.
Age:
- Minimum 25 years at application.
- Maximum 65 years at maturity.
Employment Period:
- Salaried: Confirmed employee (not on probation).
- SEB/SEP: Business running for 2 years minimum.
Required Documents
Common Requirements:
- Applicant’s Valid ID.
- Applicant’s National Number Certificate.
- 2 references with valid ID’s and complete address (Blood relatives with different address are allowed).
- 2 recent colored photos (Passport photo size).
- Valid invoice from BOK authorized service providers (halls, wedding planners).
Salaried:
- Salary Certificate with date of joining, occupation and salary breakdown.
Self Employed Business / Self Employed Professionals:
- Company registration documents.
- Last 6 months stamped bank statement.
*Finance available for Sudanese nationals only
* Terms and conditions apply