Gulf Bank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Gulf Bank lends directly at a personal loan APR of 6.5% on fixed terms, with borrowing up to KWD 25,000 and a term of 12 to 60. It suits Kuwaiti borrowers who want a large personal loan or a home purchase at a fixed rate, and prefer dealing with one bank rather than a broker.

Key facts

Best for
Large personal loans and home purchase mortgages at a low fixed rate from a direct lender in Kuwait.
APR
6.5% (Source, checked September 26, 2026)
Loan amount
KWD 25,000 (Source, checked September 26, 2026)
Term
12 to 60 months (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Legal entity
Gulf Bank KSCP (Source, checked September 26, 2026)
Headquarters
Kuwait (Source, checked September 26, 2026)
Founded
1960 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
e-gulfbank.com

Mortgages

Initial rate
6.5% (Source, checked September 26, 2026)
Purpose
Purchase (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Gulf Bank KSCP (Source, checked September 26, 2026)
Headquarters
Kuwait (Source, checked September 26, 2026)
Founded
1960 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaLinkedInXfacebook.com

Pros and cons

Pros

  • APR of 6.5% on personal loans sits well below the site median of 12%
  • Loans up to KWD 25,000, far above the site median amount of €876.96
  • Fixed rate on both personal loans and housing loans, so payments do not shift
  • Lends directly rather than through a broker, with a help centre, email and phone support

Cons

  • Terms run 12 to 60, so a longer repayment carries more interest
  • Personal lending is the only loan type listed in personal
  • Housing loans cover purchase only in purchase, not remortgage or buy to let
Gulf Bank

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Scored 9.3 / 10 by BorrowCue.

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Who it suits

  • Borrowers in Kuwait needing a personal loan of up to KWD 25,000
  • Homebuyers taking a purchase mortgage at an initial rate of 6.5%
  • Anyone who wants a fixed rate and would rather deal with the lender directly

Who should look elsewhere

  • Borrowers who need debt consolidation, as it is not among the personal loan types in personal
  • Anyone seeking a remortgage, since purchase covers purchase
  • Small borrowers, because KWD 25,000 is set far above the site median of €876.96

How Gulf Bank compares

Where Gulf Bank is available

Available
Kuwait
Licence in Kuwait
Central Bank of Kuwait, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does Gulf Bank charge on a personal loan?+

Gulf Bank charges an APR of 6.5% on consumer loans, and the rate type is fixed, so the cost of borrowing stays the same across the term. That sits well below the site median APR of 12%.

How much can I borrow from Gulf Bank?+

Personal loans go up to KWD 25,000, which is far above the site median amount of €876.96. Borrowing is arranged directly with the bank, since the lender kind is direct rather than a broker.

How long can a Gulf Bank personal loan run?+

Terms run 12 to 60. The longer end of that range means more total interest on the same amount, so a shorter term keeps the overall cost down.

Does Gulf Bank lend for a house purchase?+

Yes. Housing loans are offered for purchase, which is the only purpose listed in purchase. The initial rate is 6.5% on the housing loan product.

Is Gulf Bank regulated?+

Gulf Bank operates in Kuwait under the Central Bank of Kuwait, and the legal entity is Gulf Bank KSCP. The lender kind is direct, meaning credit decisions are made by the bank itself.

How long has Gulf Bank been lending?+

The bank was founded in 1960 and is headquartered in Kuwait. It is a long established direct lender rather than a newer broker or marketplace.

How can I reach Gulf Bank for help?+

Support runs on email, phone and help centre, so you can call, email or use the help centre. Questions about a personal loan application or a housing loan can be raised through any of them.

What kinds of loan does Gulf Bank give?+

The listed loan types in personal cover personal borrowing, and the rate type is fixed. Mortgage lending sits separately under housing loans for purchase.

Sources

  • e-gulfbank.com checked September 26, 2026

    Backs: Founded

    “Since 1960, Gulf Bank has grown alongside Kuwait, accompanying its progress and development.”

  • e-gulfbank.com/en/about-us checked September 26, 2026

    Backs: Lender type

    “provides a wide range of services including consumer banking, wholesale banking, treasury, and financial services”

  • e-gulfbank.com/en/contact-us checked September 26, 2026

    Backs: Headquarters, Support channels, Licences

    “Gulf Bank, P.O. Box 3200, Safat 13032, Kuwait”

  • e-gulfbank.com/en/legal-statement checked September 26, 2026

    Backs: Legal entity

    “The website of www.e-gulfbank.com ("Website") is owned and operated by Gulf Bank KSCP ("Gulf Bank").”

  • e-gulfbank.com/en/personal/loans/consumer-loans checked September 26, 2026

    Backs: Loan amount, APR, Loan types, Pricing model, Rate type, Term

    “Loan amounts up to KD25,000 offering flexible repayment terms at an annual interest rate of 6.5%.”

  • e-gulfbank.com/en/personal/loans/housing-loans checked September 26, 2026

    Backs: Initial rate, Purpose

    “Housing Loan: loan amounts up to KD70,000 offering flexible repayment terms at an annual interest rate of 6.5%”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee, Credit check, Funding time, Representative example.

Related by the facts

Gulf Bank

Gulf Bank

Large personal loans and home purchase mortgages at a low fixed rate from a direct lender in Kuwait.

9.3/10See alternatives

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