Features:
No matter what your goals are, from managing school fees or buying a new car to investing your money, we’ll help you get there with Saudi Fransi Bank Personal Finance.
Banque Saudi Fransi - Personal Finance "Tawaruq" :
Flat Rate
*Annual percentage rate (APR) starting from 3.96% including all fees and charges
Minimum Salary
For Saudis 3500 SAR / Non-Saudis 5000 SAR
Monthly Payment
SAR 2,156
Salary Transfer
Yes
Fees & Costs
The management fees 1% of the financing amount or SAR 5,000 whichever is less.
Documents required
"Salary Certificate & salary assignment letter
Bank Statement
Original ID
BSF current account"
Eligibility
Benefits:
Shariah-compliant financing
Quick turnaround time
A top up facility is available after repayment of 20% of your existing finance
Financing of up to SR 2,500,000
A repayment period of up to 5 years
Exemption from remaining repayments in case of death (** Terms and Conditions apply)
Possibility of loan transfer
The management fees 1% of the financing amount or SAR 5,000 whichever is less.