Sign In

Preferred Rate Personal Finance Offer                                Last update 15-04-2021

The ability of getting new personal finance for new customer after 1 or 2 salary deposit with a discounted annual percentage rate


  • Discounted annual percentage rate starts from 3.75%
  • Shariah compliant
  • Instant approval
  • Repayment periods up to 60 months
  • Possibility of postponing the installment of the month of Ramadan.
  • Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions

Terms and Conditions

Saudis & Non-Saudis.
PF TypeNew personal finance only.
Eligible customers New payroll with a maximum of 2 salary deposits.
SectorsGovernment sector or Private sector inducted companies who transfers their employee's salary through Sharia system through al AlAhli bank.
Minimum SalarySAR 3,000 Saudis & SAR 4,000 Non-Saudis.
Months on Job

1 month for Saudis in Government sector.

3 months for Saudis in the big 5 and non-Saudis in the government sectors and big private companies.

1 year for Saudis & Non-Saudis in Private sector.

Finance amount 5,000 SAR up to 1,500,000 SAR
Minimum Age18 years for Saudis & 22 years for Non-Saudis and must be less than 60 years at the date of last installment.

Offer period: From 1 January until 31 December 2021  

Terms and conditions applied.
Administrative fees 0% of finance amount or SAR 5,000 (whichever is less).
VAT 0%  of Administrative Fees.
Administrative fees are included in Annual Percentage Rate
Finance AmountMaturity in Years*APRMonthly Payment Amount
100,000 SAR5 Years3.17%1,767 SAR
200,000 SAR5 Years2.98%3,517 SAR
350,000 SAR5 Years2.78%6,125 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 Customer Service (Sales Unit) in Phone Banking on 8002441005