meem Buyout (debt transfer) facility, offers customers the opportunity to transfer their existing financial exposure to meem as a better rate than their current bank.
Get more for less with meem.
meem Bank Buyout (debt transfer) this product has been created to be simple, transparent and suitable to our customers’ needs. We simply review your current debt, consolidate it and offer you the most competitive profit rate if you transfer it to us, Get more for less with meem!
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Competitive Annual Percentage rates
Financing from BD 1,000 - 150,000
Installment schedules ranging from 12-84 months
Free Takaful Insurance coverage in the event of death or permanent medial disability
Top-up option available after 12 months or payment of 20% of the finance amount
Early settlement of financing option available
Automated disbursement of funds within 48 hours, if all documentation is complete
Low processing fees
Available to all nationalities between the ages of 21-65
Available to pensioners with SIO
Salary or pension must be assigned to meem by Gulf International Bank
Minimum salary BD 400
Applicants must open a meem OnePack account to commence the application process
Applicant's employers will be considered as part of the risk criteria outlined by meem by Gulf International Bank
Note: This calculation is approximate and not final
There is no hidden cost or surprises. With our real time calculator you can know all you need about the plan you have chosen.
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meem Buyout (debt transfer) facility, offers customers the opportunity to transfer their existing financial exposure to meem as a better rate than their current bank.
Yes, all meem products are 100% Shariah compliant. meem Buyout (debt transfer) product is based on the principles of Murabaha, for more information please call 17776336.
No, our aim is to make your life easier. With meem, you can apply and receive approval for your financing digitally through our app, a single visit is required to provide your signature and finalize your Buyout.
Yes. For more information, please call 17776336.
We offer 24-hour disbursement if all your documentation is submitted and complete, and your salary has been assigned to meem.
For more about our rates please call 17776336.
For more about our rates call 17776336.
The minimum salary to apply for Buyout is BD 400 Terms and Conditions apply.
You can calculate your financing amount using the Personal Finance Calculator - meem Digital Banking.
Gulf International Bank (retail branch) is licensed by the Central Bank of Bahrain as a Conventional Bank
