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Finance Transfer Program                                                                                                                          Last Update 13-09- 2021

Now you can make your financial commitments (Personal finance/Lease finance/Credit card) in one personal finance installments at a competitive annual percentage rate through the debt Transfer Program from other banks.


  • same price for stage 2 (additional loan).
  •  Cash liquidity.
  •  Get the benefits of SNB services and products.
  •  Process to be executed in record timing.
  •  Shariah-compliant program.
  • Instant approval.
  •   Repayment periods up to 60 months.
  • Monthly Payments will defer for 2 months as per the features of Balance Transfer Program.
  •  Possibility of postponing the installment of the month of Ramadan.
  •  Possibility of early settlement.
  •  Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Terms and Conditions:


Government sector. (Civilian / Military)

Big Private companies.

Preferred Private companies.


Minimum Salary4,000 SAR and it's differ from sector to another.
Minimum Finance amount SAR 5,000 up to 1,500,000 SAR.
Maximum AgeMaximum age is 60 years for employees and 75 years for retiree-

Required Documents & Procedures:

  1.  Recent no-objection letter of no less than 10 days to transfer the finance (including finance amount and other bank's IBAN number).
  2.  Salary certificate from the company.
  3.  Bank statement from the other bank including:
        • 3-month statement on the bank's letterhead including last 3 salaries.
        • Other bank's stamp on all statement pages.
        • Statement pages must be numbered in order.

Terms and conditions applied.
Administrative fees 0%

Finance AmountMaturity in Years*APRMonthly Payment Amount
100,000 SAR5 Years0.78%
1,700 SAR
200,000 SAR5 Years0.78%3,400 SAR
350,000 SAR5 Years0.78%5,950 SAR

The above table is for example purposes as APR may differ depending on the finance amount, salary amount, employer and maturity period and subject to credit scoring of each customer.

For more information, please contact SNB Marketing Service Representatives in Phone Banking on 920000891