Minimum Balance
Minimum Salary
Opening Balance
Annual Rate
0.10%
Monthly Fee
No
Savings Account
Banque Saudi Fransi - Savings Account
Summery:
With the savings account you can put your money aside and let it grow gradually over a long period of time, while enjoying the flexibility of penalty-free withdrawals
Documents required
Saudi Citizens
Saudi National ID
GCC Citizens
Passport
National ID
Expatriates
Iqama ID
Copy of passport"
Eligibility
The customer must be at least 20 years old.
Annual Rate
There is no predetermined period for the savings account, the Annual Equivalent Rate is calculated based on the daily balance (based on the average account balance), and it is paid into the customer’s account every six months.
Features:
No minimum balance is required to open the account
Guaranteed rate of return*
Profits calculated monthly and paid to customers every six months
Electronic banking (Online, Mobile and Phone)
Account in Saudi Riyals or foreign currencies
Quarterly statement of account
Withdrawals and deposits
Cheque deposit facility
SMS notification
Banque Saudi Fransi - Save to Own a Home
Minimum Balance
Minimum monthly contribution of SAR 1,000
Minimum Salary
Opening Balance
Minimum initial deposit of SAR 10,000 “there is no maximum limit
Annual Rate
Annual rates are subject to change
Monthly Fee
No
Summery:
Get your dream home effortlessly with our Save to Own a Home account from Banque Saudi Fransi. An account that helps you save up for a down payment toward your dream home by allowing you to contribute a monthly fixed amount for a specified period of time, with annual returns.
Documents required
Saudi Citizens
Saudi National ID
GCC Citizens
Passport
National ID
Expatriates
Iqama ID
Copy of passport
Eligibility
The customer must be at least 20 years old.
Features:
Minimum initial deposit of SAR 10,000 “there is no maximum limit""
Minimum monthly contribution of SAR 1,000
The product is offered to individual customers only
Available in Saudi Riyal only
Tenor ranges from 1 to 10 years
The monthly installment will be Gregorian calendars
Returns are paid at the end of the contract with the basic of investment amount
Access to your account statement through E-channel without performing any financial transaction
Banque Saudi Fransi - Recurring Deposit Account
Minimum Balance
Minimum Salary
Monthly contribution of SAR 500
Opening Balance
Minimum initial deposit of SAR 5,000 and up to SAR 1 million
Annual Rate
Monthly Fee
No
Summery:
Grow your money effortlessly with the Recurring Deposit Account from Banque Saudi Fransi. The account that allows you to contribute a monthly fixed amount for specific period of time, with annual returns.
Documents required
Saudi Citizens
Saudi National ID
GCC Citizens
Passport
National ID
Expatriates
Iqama ID
Copy of passport
Eligibility
The customer must be at least 20 years old.
Features:
Minimum initial deposit of SAR 5,000 and up to SAR 1 million
Monthly contribution of SAR 500
The product is offered to individual customers only
Available in Saudi Riyal only
Tenor ranges from 1 to 5 years
The monthly installment will be Gregorian calendars
Possibility of maintaining multiple Recurring Deposits Accounts
Returns are paid at the end of the contract with the basic of investment amount
Access to your account statement through E-channel without performing any financial transaction