Kirpalani Financing

Kirpalani’s N.V. offers several financing services for our current and future customers with the lowest interest rates as low as 0.5% per month! Our financing terms allow you to purchase a wide variety of products and/or services, including building materials from third parties today, while paying over a longer period of time. 

We offer the following financing services:

  • Personal loans
    This financing facility is intended for account holders of De Surinaamsche Bank N.V.

Finabank Kirpalani Shopping Card

 

What is Finabank Kirpalani Shopping Card?
The Finabank Kirpalani Shopping Card helps you buy your long-desired furniture, redecorate your home, renew your electric appliances, and much more!  Simply, qualified cardholders may instantly purchase large or small items valued up to SRD 50.000,- at Kirpalani’s N.V., and pay as little as 0.5% per month financing cost over time. It is easy, safe, and convenient! 

The introduction of the Finabank Kirpalani Shopping Card is accompanied by many extras such as free KirpalaniKom packages, exemption of costs, or a Finabank VISA Credit Card. Consumers may apply for the Finabank Kirpalani Shopping Card at any of our Kirpalani’s N.V. locations. On average, the approval process will take about one business day.

Who can qualify for a Finabank Kirpalani Shopping Card and what are the benefits?
This financing facility is intended for 2 target groups:

  • Primary Account Holders
    These are the current and potential Finabank account holders with a salary deposit at Finabank.
    The maximum financing amount is SRD 50.000,- with a minimum of SRD 1.000,-.
    The maximum term of loan is 60 months and the financing cost is 0.5% per month.
  • Non-Primary Account Holders
    These are the non Finabank account holders without a salary deposit at Finabank.
    The maximum financing amount is SRD 20.000,- with a minimum of SRD 1.000,-.
    The maximum term of loan is 24 months and the financing cost is 1% per month.

What are the extra advantages of qualifying for a Finabank Kirpalani Shopping Card?

  • Extras upon approval of applications of Primary Account Holders are :
Finance amount KirpalaniKom TeleG   KirpalaniKom Digicel   Kirpalani Online Shop
Discount
Finabank
SRD 1.000,- to SRD 2.500,- 100 minutes (12 months) or 2GB data (6 months)  and 10%, max SRD 250,- Visa Credit Card free 1st year
SRD 2.501,- to SRD 7.500,- 100 minutes (24 months) or 2GB data (12 months)  and

10%, max SRD 500,-

Visa Credit Card free 1st year + SRD 50,-
SRD 7.501,- to SRD 20.000,- 1 GB data (12 months) or 2GB data + 500 minutes (24 months)  and 10%, max SRD 1.500,- Visa Credit Card free 1st year + SRD 50,-
SRD 20.000,- to SRD 50.000,- 2 GB data + 250 minutes (24 months) or 2GB data + 1000 minutes (24 months)  and 10%, max SRD 3.000,- Visa Credit Card free 1st year + SRD 50,-
  • Extras upon approval of applications of Non-Primary Account Holders are:
Finance amount KirpalaniKom TeleG   KirpalaniKom Digicel Kirpalani Online Shop
Discount

SRD 1.000,- to

SRD 2.500,-
100 minutes (6 months) or   500 minutes (6 months) 5%, max SRD 125,-

SRD 2.501,- to

SRD 7.500,-
100 minutes (12 months)  or  500 minutes (12 months) 5%, max SRD 375,-

SRD 7.501,- to

SRD 20.000,-
1GB data (6 months)  or
2GB data (6 months)
5%, max SRD 750,-

To apply for a Finabank Kirpalani Shopping Card, you need to provide the following documents:

  • A valid identification such as a passport or ID card;
  • A recent salary slip; 
  • A recent extract from Bureau of Civil Affairs;
  • A recent employer's statement;
  • The last three months statements of your bank account, where salary is directly deposited. 

Personal Loans through De Surinaamse Bank NV

Anyone with an account at De Surinaamsche Bank can apply for a Personal Loan for purchase of goods and / or services from or through Kirpalani's NV. 

Financing Conditions

  • Costs: 0.5% per month;
  • Amount: minimum SRD 300 -maximum SRD 20.000, -;
  • Funding period: minimum 3 months and maximum 24 months;
  • Repayment capacity: 30% -35% of net disposable income;

Where can I apply for a Personal Loan?

We accept loan applications at all of the following Kirpalani branches:

  • Kirpalani Maagdenstraat;
  • Kirpalani Domineestraat;
  • Kirpalani J.A.Pengelstraat;
  • Any branch of De Surinaamsche Bank.

Requirements for a Personal Loan:

  • Loan applicants must have a bank account for at least 1 year at the De Surinaamsche Bank
  • Loan applicants should have a permanent job for at least 1 year and have their salary deposited at the De Surinaamsche Bank
  • Minimum age of 21year and older

Requirements for Application:

  • Valid ID (for example ID Card or Driving License)
  • Employer statement
  • Latest salary slip

Financing facility for Surinamese Government Employees

Kirpalani offers special financing for anyone currently employed by the Surinamese government. This financing is a no down payment financing facility with a same day approval.

This financing facility is intended for anyone who is permanently employed by the Surinamese government.

This financing facility can be used for two purposes, namely:

1. Purchase of goods at Kirpalani's NV;

2. Purchase of materials from third parties

Facility for purchase of goods at Kirpalani's NV

Financing Conditions

  • Amount min. SRD 300 - max. SRD 15,000
  • Duration min. 3 months - max. 12 months
  • Funding cost 2.50% per month
  • Monthly repayment through the payroll of your ministry

 

Requirements for Application

  • Latest salary slip
  • Valid ID (for example ID Card or Driving License)

Facility for the purchase of goods from third parties

Kirpalani's NV is working with other companies, with the opportunity to finance building materials up to a maximum amount of SRD 15,000 - with a maximum maturity of 12 months.

The participating companies are:

  • CKC BEM
  • ARGOS-Suriname
  • ESUVERFA N.V. 
  • HOUTHANDEL BANWARIE
  • JETZZA INTERNATIONAL N.V. 

Financing Conditions:

  • Loan amount: min. 300 SRD - max. SRD 15,000
  • Duration min. 3 months - max. 12 months
  • Funding cost 2.50% per month
  • Administrationcost 7.5%
  • Monthly direct deposit from your government employee account

Application Requirements :

  • Latest salary slip
  • Valid ID (ID Card / Driving License)
  • A price quotation from one of our approved 3rd party companies (examples listed below)

Example Products to be Purchased at CKC BEM 

  • Building blocks
  • Street tiles
  • Cement
  • Concrete products
  • Sands

Example Products to be Purchased at ARGOS-Suriname

  • Cement
  • 13 variaties of mortar between B5 up to B65

Example Products to be Purchased from ESUVERFA N.V 

  • Oil paints
  • Super gloss paints
  • Satin paints
  • Matte white ceiling paints
  • Paint primers

Example Products to be Purchased from HOUTHANDEL BANWARIE

  • Doors (front-rear center doors)
  • Frames
  • Windows
  • Triplex
  • Hardboard
  • Wood and wood products

Example Products to be purchased from JETZZA INTERNATIONAL N.V.

  • Plaster, cement board and furniture panels
  • Lavatory, bowls, sinks, showers and taps
  • Wall and floor tiles and tile adhesive
  • LED, halogen and compact fluorescent lamps
  • Electricity, water and gas fittings
  • Shade netting, horticultural foil, root cloth ( landbouwmat ) and geotextiles
  • Hydrofoors and waterheaters ( boilers)
  • Ceiling and accessories

 

Object Financing

Object Financing is a financing facility, which is offered in cooperation with De Surinaamsche Bank NV / FINAPAR and is intended for everyone in permanent employment.

Financing Conditions:

  • Funding cost:  0.50% per month
  • Loan amount: min. 300 SRD - max. SRD 20,000
  • Down payment:
    • De Surinaamsche Bank (DSB) account holders pay 0%, (No upfront payment needed)
    • Account holders of other banks pay 25% upfront
  • Duration: Minimum of 6 months to a maximum of 24 months
  • Repayment capacity 30% -35% of net income

Documents Required for application:

  • Employer statement
  • Latest salary slip
  • Bank statements for the last 3 months
  • Two ID copies of the applicant (If married, then also a copy of your spouse’s or partner’s photo ID and birth certificate)
  • Reference letter from the bank (only for those who are not  account holders of De Surinaamsche Bank NV)