Al Baraka Bank of Sudan offers an energy product to finance solar energy for homes, farms, small factories and various projects, which helps them buy the best quality units at reasonable prices and comfortable instalments.
Benefits And Features
Financing Ceiling
Each customer can access financing up to SDG 5,000,000, with a maximum of five million pounds per person.
Appropriate Credit Terms
The bank provides financing under terms that are suitable and practical for each customer.
Repayment Terms
Financing is repayable over a period extending up to 24 months to suit the customer’s needs.
Strategic Partnerships
Repayment period of up to 24 months, making your installments more manageable and convenient
Employee Salary Advantages
The bank provides additional benefits to employees of companies that deposit salaries directly into their accounts.
Who this product is for
Targeted Audiences
Salaried employees
Owners of business names
Eligibility Requirements
How To Get The Product
- Opening an account with the bank
- Bring an approved salary certificate.
- Completed financing form.
- The deduction should not exceed 50% of the net salary (after taxes, deductions and existing financing from the banking system).
- Paying 10% of the financing amount in advance to the salaries transferred to the bank.
- Paying 20% of the financing amount in advance for the non-transferred salaries to the bank.
- Financing is carried out according to the controls of the financing policy for individuals.