- Financing Ceiling:
- Minimum = 1 Million Iraqi Dinars
- Maximum = 15 Million Iraqi Dinars
- Financing Period: Maximum of 24 Months
- Profit Rate: 8%
- Example:
Financing Amount | Profit Rate | Financing Term Month | Total Financing Including Profit | Monthly Premium | Total Financing Profit |
7,500,000 | 8% | 24 | 8,700,000 | 362,500 | 1,200,000 |
Except for the administrative and operational commissions charged to the bank |