Flat Rate
% 6.86
Down Payment
Monthly Payment
Minimum Salary
Fees & Cost
% 6.86
SNB residential finance offers you the appropriate solutions to own your home with easeو Take the first step towards owning your home with SNB residential finance products, Whether you're buying your first home or considering investing in a property, SNB has the right Residential Finance solution for you.
Original and Copy of Valid ID/Iqama, Sign the client's request for either Murabaha or Ijara financing, Employee Letter.
To be between 20 - 60 years old, To be a Saudi National, A minimum monthly income of SR 3,000, To have been continuously employed for a minimum of 1 month, 10% to 30% down payment for Depending on the customer's sector, credit status and type of property, To transfer your salary to SNB.
Admin fees is 1% of the loan amount or SAR 5000 whichever less, The finance amount is 90% of the property’s value in the first residential finance, either from SNB or any other finance banks or institutions, The finance amount is 70% of the property’s value if there is a previous residential finance, either from SNB or any other finance banks or institutions, All SNB Residential Finance solutions are Shariah compliant, Flexible finance options (Murabaha with fixed interest rate or Ijara with variable interest rate), Finance amount up to SR 7 Million, The option to have a residential finance with a personal finance through our 2 in 1 program, allowing flexible payments and a higher Residential, Finance amount.
Take the first step towards owning your home with SNB residential finance products, Whether you're buying your first home or considering investing in a property, SNB has the right Residential Finance solution for you, Admin fees is 1% of the loan amount or SAR 5000 whichever less, The finance amount is 90% of the property’s value in the first residential finance, either from SNB or any other finance banks or institutions, The finance amount is 70% of the property’s value if there is a previous residential finance, either from SNB or any other finance banks or institutions, All SNB Residential Finance solutions are Shariah compliant, Flexible finance options (Murabaha with fixed interest rate or Ijara with variable interest rate), Finance amount up to SR 7 Million, The option to have a residential finance with a personal finance through our 2 in 1 program, allowing flexible payments and a higher Residential, Finance amount.
% 6.86
5000 SAR
% 6.86
5000 SAR
%6.86
5000 SAR