Gulf International Bank - Meem Personal Finance

Gulf International Bank

Features:

* Competitive Personal Finance Offers

* Financing up to 1.5 million SAR

* Installment plans up to 60 months

* Smooth and fast procedures for transferring the finance amount into the account

Gulf International Bank - Meem Personal Finance :


Flat Rate

%7.30

Minimum Salary

4000 SAR

Monthly Payment

60 Month

Salary Transfer

Yes

Fees & Costs

* Personal Finance Administrative Fee 1% of the Personal Finance Amount A maximum of 5000 SAR 
* Goods delivery service 2300 SAR 
* Late payment fee 244.38 SAR

Eligibility

* Saudi

* It is required to transfer and fix the salary at the meem digital bank from Gulf International Bank

* Requires opening an account with meem

* The minimum age to accept the application is 18 years old

* Maximum age to accept the application is 60 years

*Minimum salary of 4000 SAR

* Maximum financing amount is 1,500,000 SAR

* Minimum length of service (government sector) is one month

* Minimum length of service (Private Sector) Class A & B & C: 6 months

* The maximum number of months for financing repayment is 60 months

Documents required

* Recent no-objection letter of no less than 10 days to transfer the finance (including finance amount and other bank's IBAN number). 
* Salary letter 
* 3-month statement on the bank's letterhead including last 3 salaries 
* Payslips of the last 3 months