Personal Finance FOR NON INDUCDTED PRIVATE EMPLOYERS Last Update 13-09- 2021
Get instant cash for non inducted Private sector employees who transfers their employee's salary through AlAhli Bank Sarie system.
· Shariah compliant.
· Instant approval.
· Repayment periods up to 60 months.
· 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
|products||New, topup and additional personal finance.|
|Sectors||Private sector non inducted companies' employees who transfers their employee's salary through Sarie system to AlAhli System|
|Minimum Salary||SAR 5,000|
|Minimum Months on Job||1 year for Saudis in private sector.|
|Number of salary deposits||3 salary deposits minimum |
|Minimum Finance amount ||5,000 SAR up to 1,500,000 SAR|
|Minimum Age||25 years old up to 60 years old|
|Required documents||Salary commitment letter + GOSI certificate|
Terms and conditions applied.
Administrative fees 0%
|Finance Amount||Maturity in Years||*APR||Monthly Payment Amount |
|100,000 SAR||5 Years||2.32%||1,766 SAR|
|200,000 SAR||5 Years||2.52%||3,548 SAR|
|350,000 SAR||5 Years||2.71%||6,239 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