Compare personal loans in Sudan
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★★★★☆
Licensed commercial bank, listed on the Central Bank of Sudan commercial bank locator
Licence
Available through Bank of Khartoum, subject to branch availability in your area
Coverage
Financing a specific purchase such as a generator, solar system or building materials
Best For
bank
Type
Pros
- Covers practical categories including generators, solar systems, building materials, home appliances, furniture and electronics
- Open to salaried employees, self-employed business owners and licensed self-employed professionals
- Eligibility, age limits, tenor and required documents are all set out on the bank's own page
Cons
- Service availability varies by region and can be interrupted; applications depend on a functioning branch and on suppliers being able to issue a valid invoice
- The bank does not publish the profit rate, mark-up or any fees, so the true cost cannot be compared before applying
- The page does not name the Islamic structure used, so confirm whether it is murabaha or another contract before signing
Fees, eligibility & documents
Fees
Profit rate or mark-upNot published on the bank's page; ask before signing
Arrangement or processing feesNot published
Eligibility
- Salaried applicants: at least 3 months in the job and not on probation, aged 21 or over at application and under 65 at maturity
- Self-employed business owners and licensed professionals: at least 12 months trading or licensed, aged 25 or over at application and under 76 at maturity
- Financing runs up to 36 months and covers up to 70% of the asset value, so a deposit is required
Documents needed
- Valid ID and national certificates
- Two references with their identification
- Passport-sized photographs
- A valid invoice from an authorised supplier
- Salaried applicants: salary certificate
- Self-employed applicants: business registration and six months of stamped bank statements