Duration
Minimum Amount
Annual Interest Rate
Interest Payment frequency
1- For SNB current account customers: To be able to send money to your beneficiaries, please register them using any SNB digital channels: (ATMs, SNB Online, SNB Mobile, Phone Banking or Quick Pay App)
2- For Quick Pay SNB membership holders: If you are already a Quick Pay membership holder, then you are already registered in the service. All what you need is to register the beneficiaries at any of the Quick Pay centers or through SNB Online, SNB Mobile, Phone Banking or Quick Pay App, If you do not have a Quick Pay membership, then please visit any of our Quick Pay centers with a valid Iqama/ID to open a membership and receive the Quick Pay ATM card, Once you are registered and your beneficiary information are recorded in our system, you will be able to transfer through any SNB ATMs, SNB Online, SNB Mobile, Phone Banking or Quick Pay App.
Visit www.alahlionline.com or download SNB Mobile from (App Store - Google Play - AppGallery) search using the word "SNB Mobile"
1- Click "New User Registration".
2- Enter the digits of your National ID/Iqama.
3- Select one of the three options (Mada Card from SNB – Credit Card – SNB Phone Banking) and insert the required information.
4- Enter the username and the password.
5- You will get an OTP on your registered phone number.
6- Insert the OTP to confirm your registration.
1- Quick Pay Mobile application:
"2-- SNB Online / SNB Mobile:
Quick Pay SNB now gives you 24/7 access to transfer money services at your convenience from anywhere: in the comfort of your home, your workplace, or even on the go using SNB Phone Banking, SNB Online, SNB Mobile, SNB ATMs, or Quick Pay App, Delivery options from Quick Pay give you variety of choices for your convenience and the convenience of your beneficiary as well; either Account-to-Account, Cash Pick Up, or Door-to-Door, All these benefits come with affordable fees; no hidden charges deducted from the beneficiary side, and very competitive exchange rates.
1 Month: 2 Years
1000 SAR
Up to 5.14% for SAR and 4.96% for USD
* The first real-time purchase and sale of Murabaha commodities in the world!
* Withdraw up to 20% of your investment at no charge and no effect on the remaining amount!
* Place and liquidate deposits any time, any day anywhere via the app
* Various investment tenors in multiple currencies to suit your needs
Choice of investment period from 1 week to 12 months.
Minimum investment amount of SAR 10,000
At Maturity
SAIB Time Deposit agreement form.
• Available in Saudi Riyals.
• Investment period
Choice of investment period from 1 week to 12 months.
• You have the flexibility to choose a term that best suits your needs. The rate of interest does not change during the term of the deposit.
• This is a conventional banking product offered only at our Regional Head Office branches in Khobar, Jeddah, Jubail and Riyadh.
• Interest is paid on maturity and can either be added to the principal amount and rolled-over for another period or credited to your account.
Choice of investment period from 1 month to 12 months.
Minimum Deposit amount of SAR 50,000.
%0.4
Age:
18 years
15 years
for Saudis holding a valid ID card.
Nationality:
Saudis
GCC citizens with valid passport, or national
identity card (applicable only to citizens of Bahrain, Oman, Qatar and UAE),
and proof of address in the Kingdom (evidenced by a utility bill, house rental
contract, real estate title deed, or a letter from a Saudi citizen attesting to
the GCC citizen’s address) along with their home country address.
Non-Saudis (and Non-GCC) holding a valid
residency permit (Iqama).
The SAIB Murabaha Deposit allows you to make a healthy profit on your money in a safe and Shariah-Compliant manner. The Bank enters into a contract with you to invest your money in a selected commodity at an agreed price. You make a profit by selling the commodity at a future date at a higher price.
• The minimum investment is 50,000 riyals.
• Available in Saudi Riyals.
• The minimum investment period is 3 months if the investment amount ranges from 50 thousand Saudi riyals to 100 thousand Saudi riyals.
From 1 week to over a year
No minimum balance
• National ID for Saudis nationals.
• Valid resident Identity card for non-Saudi nationals.
• Clear Postal Address (additional home address is required for non-Saudis).
• Choose from customized terms
• Returns calculated and accrued on daily basis
• Security of funds
• Automatic rollover including the interest or withoutInvest in Saudi Riyals.
• Choose to invest for one week up to more than a year
• Option to add or withdraw from the principal amount
• Easy administration
• Efficient support from a dedicated team
open
Minimum amount of SAR 50,000 or equivalent in foreign currencies
A valid ID.
Fill in the current account opening form.
Fill in the term deposit application.
The term deposit enables you to save your money for a specified period as a growing deposit
A profit rate higher than other accounts.
Guaranteed rate of return.
Minimum amount of SAR 50,000 or equivalent in foreign currencies
Various possible terms and the option of extending the term on maturity
No maximum amount.
Account in Saudi Riyals or foreign currencies.
Two business days’ notice to prevent account rollover.
Authorized Letter of Credit (LC) and Letter of Guarantee (LG) facilities.
*Profit margin depends on the treasury.
From 1 month to 3 years
SAR 50,000
• Minimum deposit requirement as low as SR 50,000.
• Competitive rate of return.
• Available in Saudi Riyals
• Choice of different tenures to suit your needs, ranging from 1 month to 3 years.
• Option to automatically renew your deposit at maturity.
• Flexibility to partially withdraw your deposit before maturity.
• Confirmation Advice in Arabic or English.
• The profit margin may increase for the investor with the increase of the investment amount and period
• This investment product is available for Saudi individuals, expatriates, corporate and establishments.
3 months
350,000 SAR
A locked account with a competitive interest rate that you can withdraw at maturity. The applicable interest rate depends on market conditions, the size of the deposit and the duration of the hold
A copy of the national card / residence / passport
• Easy-to-understand summaries of transactions specifying maturity dates, applicable profit rates and dates, if any, when profits will be paid.
• The minimum amount required to open a fixed deposit account: 350,000 Saudi riyals
• Minimum maturity: 3 months.
Based on the time period and the amount of the deposit.
At Maturity
You wish to invest in a distinctive profit-bearing product that allows you to invest in your future for yourself and your family. With NBK KSA, you could watch your money consistently grow. A capital guaranteed deposit account that allows you the flexibility of managing funds according to your short or long-term needs.
To open an NBK Islamic Term Deposit Account, you must be 18 years old and above.
• Get competitive interest rates on your savings. NBK-KSA provides an interest calculator to help you calculate the interest you will earn.
• Choose to open your account in multiple foreign currencies.
• Contact the call center on 800-1266677.
• Get an NBK Credit Card against your NBK Term Deposit.
• Guaranteed attractive interest rates with the trust and security of banking with us
• Automatic renewal – NBK Term Deposit is renewed at the end of each term unless you ask otherwise
• Stable interest rate – Once you have opened the account, the interest rate quoted at that time will be locked in for the duration of the tenor chosen (unless early breakage occurs)
7 days to 1 year
100,000 SAR
Optimised profits to maximise your savings based on Murabaha
With attractive returns and a minimum term of 7 days, our Time Deposit account is a great first step to growing
the funds you need to achieve your immediate goals.
• Minimum deposit of SAR 100,000 or its equivalent in other major currencies
• Market-leading profit rates, depending on the duration of the deposit and currency
• Flexible terms
• 7 days to 1 year
• Loan facility so you can access to funds as necessary without affecting your returns
• Premature withdrawals permitted.