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LOANS
CONSOLIDATION LOAN

Free your mind from the stress of managing multiple loans. Simplify your finances by consolidating all your outstanding balances into a single loan with Baiduri Bank. That way, you will only need to make one monthly repayment and gain potential interest savings over the repayment period.

FEATURES

  • Effective Interest Rate @ 7.50% p.a*
  • Loan tenor of up to 10 years
  • Easy application process
  • Fast approval

BENEFITS

  • Enjoy higher take home pay and improve your quality of life
  • Better financial management

DOCUMENTS NEEDED

  • Identity Card (IC)
  • Latest salary slip
  • Last 3 months account statements (if assignment of salary is with another bank)
  • Details and balance of loan to be consolidated

ELIGIBILITY

  • Employed with Brunei Government, Semi-Government or private companies approved by Baiduri Bank.
  • Existing Total Debt Service Ratio must exceed 60%.
  • Only financing facilities that were granted before 8 June 2015 are allowed to be consolidated.
  • Only financing facilities under the name of the Applicant are allowed to be consolidated.
  • The final entitlement shall be subject to Baiduri Bank’s internal credit policies and assessment.

*Terms and conditions apply

For more information, visit your nearest Baiduri Bank branch or call 244 9666.

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