When it comes to your financing needs, doing more for less counts to you, and at Islamic Development Bank , that counts to us. Whether you are looking to start a home improvement project or simplify your finances by consolidating your bills, we’re here to help. We understand that it can be difficult to decide which loan option is best to fit your needs. That’s why we’ve created a visual for you to compare your options.
Compare the features of our Personal and Home Financing Loans in the chart below to help you choose the right loan. Learn more about college financing through Sallie Mae. We also offer Personal Credit Cards.
If you are looking to purchase or build your next home, Islamic Development Bank offers a variety of Mortgage Loan Options at competitive interest rates.
Feature |
Personal Installment Loan |
Star Access Line of Credit |
Overdraft Line of Credit |
Home Equity Line of Credit |
|---|---|---|---|---|
|
Use For |
Budget friendly installment loan for a Vehicle purchase, Home Improvements, Debt Consolidation, or any other personal, family or household purpose you may have. |
Revolving source of funds for your ongoing needs such as Home Improvement, Unanticipated Expenses, a Vacation or any other Cash Management needs. |
Protection from accidental checking account overdrafts |
Revolving source of funds for your ongoing needs, such as Home Improvement, Bill Consolidation, Family Vacations, College Expenses, New Vehicles and more |
|
Rates |
Fixed |
Variable |
Fixed |
Variable |
|
Loan Minimum and Maximum |
$2,500 minimum $50,000 maximum |
$4,000 minimum $6,000 maximum |
$500 minimum $10,000 maximum |
$10,000 minimum $250,000 maximum |
|
Payments |
Monthly |
Monthly |
Monthly |
Monthly |
|
Secured or Unsecured |
Secured and Unsecured options available |
Unsecured |
Unsecured |
Secured |
