Banque Islamique du Sénégal

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Bank

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About Banque Islamique du Sénégal

BIS is a financial institution that intends to contribute to the economic development of Senegal by carrying out savings collection and credit distribution activities and providing companies and economic operators with modern and competitive banking services all in accordance with Islamic regulations.

Amount

F CFA 2,000,000 - F CFA 10,000,000

Tenor

6 - 60 months

Min. Approval Time

24 hrs

Countries

Requirements

The basic requirements to apply for a loan on Banque Islamique du Sénégal include:

  • •   Completed loan application form, Proof of identity (passport, national, ID card, or driver's license)
  • •   Proof of residence (utility bill or rental agreement)
  • •   Proof of income (recent pay slips, bank statements, or tax returns)
  • •   Business documents (if applying for a business loan)
  • •   Audited financial accounts (for business loans)
  • •   Cash flow budget (for business loans)
  • •   Certificate of Incorporation (for business loans)
  • •   Collateral documents (if the loan is secured)

How to Apply

To apply for a loan with Banque Islamique du Sénégal, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.


Alternatively, you can download the lender's app on Google Play StoreorApple App Store.

This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.

Contact

Support Number

+221 338 496 262

X (Formerly Twitter) Url

@Banque Islamique du Sénégal

FAQs

What channels can I use for free?

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A web app - This is created immediately after they onboard and their customers can apply for loans via the app for free. They also get to use the admin console for free to manage their lending operations, however certain features are tied to plans so they might need to upgrade to have a more streamlined lending operation.

Can I get a custom app for my own preferences?

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You can customize your web app to your preferences - the color, texts, how things appear to fix your business colors and brand. Mobile apps customized to your brand are on our paid plans and not readily available to users on the free tier.

I already have my own app, how can I still plug into Lendsqr’s infrastructure?

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Lendsqr has APIs that you can utilize in your own app. We have a product, Adjutor that houses all our APIs without needing you to use Lendsqr's white-label apps

How do I get a demo or walkthrough for Lendsqr?

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You can send an email to growth@lendsqr.com

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