Retail Banking

Consumer Financing
Consumer Financing
Consumer Financing
Consumer Financing

Redecorating your home? Planning on buying a new computer? If so, Albaraka is here to help you with consumer financing.

Albaraka offers consumer financing to customers looking to purchase major appliances, (i.e. refrigerators, washing machines, dishwashers, etc.), furniture, televisions, computers, and air conditioners. 

Consumer Financing
Features
Necessary Documents
Consumer Financing
Features
  • Customers who meet the necessary credit and income requirements can take advantage of consumer financing from Albaraka.
  • You can choose between equal monthly installments for up to 24 months or flexible bi-monthly or quarterly installments, so you can organize your payments according to your budget.
  • Get the advantages of a cash purchase without the trouble and time of saving up enough cash before making your purchase.
  • For more information, please contact our 24 hour call center at 444 5 666.

 

 

 

Necessary Documents
Required Documents** for Individual Applications
  • Turkish Identification Card  
  • Residence Document  
  • Income Documents  
  • For salaried employees:  Most recent pay roll information on company letterhead with authorized signatures from your company or a signed and sealed company letter with authorized signatures.  
  • For the self-employed: A copy of your tax certificate, Trade Registry Gazette information, authorized signatures, financial statements and income tables for last three years approved by Tax Office or Certified Financial Consultant, current year balance sheet, and an activity certificate or registration certificate from the Chamber of Merchants and Craftsmen.   
  • Copies of deeds, rent contracts, and other property or income documents (if applicable)   
  • Notarized signature document  
  • Copy of deed for the real estate to be purchased.  
  • Pro forma invoice* 
  • For the evaluation of financing applications, two persons must be willing to act as guarantors. The same documents should be prepared for your guarantors. Additional documents and information may be requested.   
 
Required Documents** for Corporate Applications
  • Identification Cards of Partners  
  • Notarized Signature Document 
  • Trade Registry Gazette informaiton  
  • Chamber Registration Certificate  
  • Financial Statements and Income Tables (last three years) 
  • Tax Certificates (last three years)  
  • Pro forma invoice* 
  • For the evaluation of financing applications, two persons must be willing to act as guarantors. The same documents should be prepared for your guarantors. Additional documents and information may be requested.   
 
**Photocopies of all documents are required.
 * Pro forma invoice is a summary bill that is taken from a vendor as a proposal.