Financial Programs Tailored for your Aspiration…
NCB sharia'a-compliant financing programs meet your needs and fulfill your aspirations. Whether you need to renovate your home, plan your vacation, complete your children's education or whatever your finance objective may be, you can choose one of the following programs:
Personal Finance via Local Shares:
You are able to have access to cash within 15 minutes through Personal Finance via Local Shares, which enables you to buy local shares then sell or transfer it immediately to your trading portfolio.
Personal Finance via Local Commodities:
You can receive money in the same day through Personal Finance via Local Commodities which enables you to purchase from NCB commodities traded daily on the Saudi Market, such as rice, and resell it with a small difference in price, to be paid back on easy installments.
Secured Personal Finance Against Funds:
You can get financing guaranteed by selected Funds / investment portfolios at NCB.
You can choose the method of payment that best suits you, and receive guarantees from more than one investment fund.
Main features of Personal Finance via Local Shares / Local Commodities
- Compatible with the provisions of Islamic Sharia
- Easy installments repayment programs for periods up to 5 years
- The possibility of getting additional supplemental financing
- Possibility of postponing the installment of the month of Ramadan
- Insurance in the event of disability or death
- The need for a sponsor is not required
- Competitive Profit margin for The Wessam Clients*
* Terms and conditions apply
** Annual percentage rate starts from 4.09% for the financing of five years.
The management fee of 1% of the amount of funding and no more than 5,000 Saudi Riyals