The International Development Bank offers a salary localization service for all government employees and private companies through a simple and straightforward mechanism. We provide all banking services to employees who localize their salaries, enabling them to benefit from the full range of services offered by the bank.
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Salary Localization Benefits at International Development Bank
General Services
- Free account opening fee.
- High-level card security system (3D Secure).
- Free SMS notifications for withdrawals and deposits.
- Free electronic banking services via mobile application.
- Free account statement.
- Salaries are distributed within hours and on the same day after receiving the notification from the Ministry.
- The Bank has branches distributed throughout Iraq.
- More than 400 Automated Teller Machines (ATMs).
- Opening of investment and fixed-term deposit accounts.
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Loans provided by the International Development Bank:
- Preferred loan from IQD 5 million to IQD 30 million without a guarantor.
- Preferred loan from IQD 31 million to IQD 60 million with a guarantor.
- Flexible repayment period of up to 7 years, with additional benefits when applying for the loan, including fast transaction processing, free financial consultation for employees when applying, and simple and easy procedures.
*Terms and conditions apply.
3X, 6X Salary Multiplier :
• Employees can apply for credit Visa cards with a limit equivalent to three times or six times their salary, with flexible and easy repayment options. The card provides a monthly repayment option of 10% of the amount used, in addition to a 100% repayment option according to the customer's preference.
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