Creating memorable Raya moments

Creating memorable Raya moments(“this Promotion”) Terms and Conditions:

1. Term
1.1 This Promotion begins on 26 April 2019 and ends on 31 July 2019, both dates inclusive (the“Promotion Period”).
2. Eligibility
2.1 This Promotion is open to new and existing customers who meet the following criteria (“Eligible Applicants”):

  • apply for a new Personal Loan, Consolidation Loan, Home Renovation Loan or Consumer Goods Financing during the Promotion Period; or
  • apply to transfer their Personal Loan, Consolidation Loan and Home Renovation Loan with other banks to Baiduri Bank during the Promotion Period; or
  • are full-time employees of the Brunei Government, semi-Government organisations, Brunei Shell Petroleum and subsidiaries, Petroleum Brunei;
  • are Brunei citizens or permanent residents
2.2 Assignment of salary to the Bank is compulsory.
2.3 Approval of loan application is subject to the Bank’s credit assessment policies.
3. Offers
3.1 Eligible Applicants will be entitled to Effective Interest Rate as low as 6% p.a. for any of the Eligible credit facilities stated in clause 2.1.
3.2 Effective Interest Rate quoted above is floating and pegged to the Bank’s Prime Lending Rate (PLR). Any change in PLR will result in a change in the applicable interest rate.
3.3 Eligible Applicants who are Baiduri Smart Executive Programme members are also entitled to a 50% discount on processing fee for any of the above eligible credit facilities. .
3.4 Eligible Applicants will be entitled to tiered rewards based on table below. Rewards will be given in the form of shopping vouchers.

Approved Loan amount (BND)
Value of shopping rewards (BND)
1,000 to 3,000 15
Between 3,001 to 5,000 25
Between 5,001 to 15,000 40
Between 15,001 to 25,000 55
Between 25,001 to 35,000 60
Between 35,001 to 45,000 70
Between 45,001 to 55,000 80
Between 55,001 to 100,000 100
100,001 and above 120

4. General
4.1 This Promotion is governed by Baiduri Bank’s terms and conditions on the related products and any other documents forming the banking agreement.
4.2 Baiduri Bank may, at any time and without prior notice or liability to any party, suspend or terminate the Promotion or vary these terms and conditions.
4.3 The Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with the Promotion. The Bank’s determination of all matters relating to this Promotion shall be final and conclusive and no correspondence will be entertained.