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Introduction
Realize your dreams of owning property, driving the car you love,
vacationing in the place of your choice, decorating your home with new
furniture or sending your child for higher education, with Tayseer AlAhli.
Tayseer AlAhli offers you the freedom to do all of the above and much much
more, as it is an Islamic Sharia'a compliant cash solution for your
financing needs. Tayseer AlAlhi is based on the Islamic financing mechanism
of Al Taworroq whereby the client buys commodities from NCB on credit and
sells them back in the market for a spot price to get cash. NCB of course
helps in making the whole process compliant with Sharia'a and convenient so
you can get the proceeds in your account quickly.
Product Features
Islamic Sharia’a approved financing solution for your cash needs.
Fast processing time-cash credited to your current account in 24-48
hours.
Easy re-payment terms with payback period as long as 60 months.
Facility to postpone installments during holy month of Ramadan through
Ramadan deferral option.
Financing amount ranging from SR.20,000 to SR.1,500,000.
Possibility of getting a top-up finance in accordance to the top-up
regulations.
Extensive branch network covering the entire Kingdom.
Basic Requirements
You should be a Saudi citizen or legal resident of the Kingdom.
Be of at least 18 years of age.
Minimum salary is SR3,000 for Saudis
Minimum salary is SR4,000 for Expatriates
Provide a copy of Saudi ID or iqama.
Provide salary certificate.
You should be working for the Government or a private concern.
Your salary should be automatically transferred to your account with NCB,
for the purpose of re-payment.
Minimum period on the job is 3 months for Saudis and 1 month for the
Saudis teachers working in the education sector.
Minimum period on the job is 1 year for Expatriates
Contact Details
Please call our help line at 800-244-1005 to get more details and to
apply.
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