Features:
• Fully Shariah-compliant financing solution
• Instant approval and you can get your finance within 3 hours, if you have provided all required documentation
• Financing of up to SAR 300,000
• Repayment period of up to 5 years (60 months)
• Ability to select the repayment monthly installment date of your choice.
• Additional personal finance (top up) is possible after paying off a minimum of 20% from your current finance principle amount.
• In case of death or permanent disability (God Forbid), outstanding finance amount will be waived after providing the required documents.
Saudi Awwal Bank - Non-salary Transfer Personal Finance :
Flat Rate
Minimum Salary
Monthly Payment
Salary Transfer
No
Eligibility:
• The applicant must be at least 21 years of age and maximum 58 years for government or 60 years for private sector.
• A minimum total salary of SAR 10,000.
• The applicant must be employed for at least 6 months in his/her current job.
• Available for Saudis only
• Available for approved employers list.
Benefits:
• Fully Shariah-compliant financing solution
• Instant approval and you can get your finance within 3 hours, if you have provided all required documentation
• Financing of up to SAR 300,000
• Repayment period of up to 5 years (60 months)
• Ability to select the repayment monthly installment date of your choice.
• Additional personal finance (top up) is possible after paying off a minimum of 20% from your current finance principle amount.
• In case of death or permanent disability (God Forbid), outstanding finance amount will be waived after providing the required documents.