Must be 18 years or older.
Minimum 3 months & Maximum of 60 months.
Minimum 15,000 SAR & Maximum 5,000,000 SAR.
Pledge of fund accounts/investment portfolios in SNB, or SNB Capital
Pledge on an amount from funds account / investment portfolios depending on the quality of the account and the amount of the Loan. Pledged amount must cover the total financing value (financing amount + rate).
Automatic debiting from the customer's account is mandatory.
Monthly - Quarterly - Semi-annual - Annually - 2 years after maturity - 3 years after maturity - 4 years after maturity- 5 years after maturity
Early repayment is performed at the customer's request and the source of repayment amount is as follows:
Liquidate the Fund's account / portfolios on which funding has been granted.
From the customer's current account if it covers the required amount.
Allows the customer to change the guarantee account under the following conditions:
That the fund account / new investment portfolios, which he wants to be the funding guarantee, are from the approved list.
That the amounts of balance in the fund account / new investment portfolios cover the total amount of remaining funding.
