Alinma Bank - Buyout without Salary Transfer

Alinma Bank

Features:

  • Fully Shariah-compliant.
  • Repayment period of up to 60 months.
  • Available to Saudi customers only.
  • The minimum age requirement is 18 years.
  • Available to employees of Alinma-approved entities.
  • Administrative fees are 1% of the financed amount, with a maximum limit of SAR 5,000.
  • Profit margin starting from 8% APR, with an annual percentage rate of 14.13%.

Alinma Bank - Buyout without Salary Transfer :

Simplify your financial commitments with alinma’s Personal Finance Buyout, allowing you to transfer your existing personal financing from local banks without requiring a salary transfer. Enjoy a competitive profit margin that provides greater flexibility and ease in managing your financial obligations.

Flat Rate

%14,13

Minimum Salary

Monthly Payment

Salary Transfer

No

Eligibility:

• Available for Saudi clients only.

• Minimum age: 18 years.

• Minimum net salary SAR 6,000, depending on sector classification.

• Available for the employees of approved entities.

• Administrative fees equal 1% of the finance amount (maximum SAR 5,000).