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Bonds and Guarantee (Wakala/Kafala)

MSME Financing

The product is tailored to customers that are contractors of Government and Major companies that require guarantees such as Advance Payment Guarantee, Performance Bond, Bid Bond etc. The surety is provided under the concept of Kafalah/Wakala, whereby the Bank agrees to guarantee the liability of the applicant.

Features

  • Contract for which the Guarantee is being given must be legitimate
  • Flexible Collateral

For further enquiries on any of our products and services kindly contact us on 07007730000 or email us: customercare@jaizbankplc.com

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