In line with the royal decrees issued regarding the amendment of some allowances, allowances, bonuses and financial benefits, the National Commercial Bank decided today, Tuesday, to postpone the deduction of the personal finance installment for the month of Muharram only for government sector employees. This step comes in order to ensure that these changes do not affect the monthly deduction rate of its customers" salaries, and in response to the new amendments to give its customers an appropriate period to reschedule the financing in proportion to the updated monthly income and maintain a monthly deduction rate not exceeding 33.33%.

The Bank urged its customers with personal finance to contact the Bank to cancel their personal finance installment for the month of Muharram before their salary.

The bank indicated that any customer with personal finance can contact the bank to cancel the feature of postponing the Muharram installment before the salary falls, and urged personal finance customers to provide a detailed salary identification certificate for the month of Muharram and visit the nearest branch of the bank after the month of Muharram salary to complete the procedures for rescheduling personal finance.

The bank indicated that any customer with personal finance can contact the bank to cancel the feature of postponing the Muharram installment before the salary falls.