Sahel by BCFC

Bahrain Commercial Facilities Company

O aplikaciji

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/