How to get a personal loan

Personal loan from the Iraqi company to finance small and medium enterprises

The Iraqi Finance Company offers the personal loan with different financing programs that suit the needs of all segments of society. A financing value of up to 25 million dinars.

Conditions for obtaining a personal loan from the Iraqi Finance Company

  • He shall not be less than 18 years old and shall not exceed 65 years old, except with an exception issued by the higher management.
  • At least one year has passed since the start of his project.
  • The applicant’s project must be located in the governorate in which he is applying for the loan.
  • The applicant must have a strong ability and commitment to repay the loan on time.
  • The applicant must secure enough guarantors to cover the loan repayment.
  • The project must be legal.

the catches Required for a personal loan

Documents required from the beneficiary

  • Civil status ID or national ID
  • Iraqi citizenship certificate
  • Accommodation endorsement
  • Ration card
  • 2 personal photos.

Documents required from the sponsor

  • Civil status ID or national ID
  • Iraqi Nationality Certificate.
  • Accommodation endorsement
  • Ration card
  • 2 personal photos.
  • A letter of endorsement from the sponsor’s department addressed to the Iraqi Company for Project Financing
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