For the first time, now you can get the maximum finance amount based on the maximum (DBR) Debit Burden Ratio allowed in line with your existing financial obligations and their payment tenor, by changing the monthly payment for Personal Finance.
Flexible Finance Program
What you need to qualify
Nationality
Saudis
Sectors
Government sector or Private sector non-inducted companies who transfer their employee's salary through Sarie system through AlAhli bank.
Minimum Salary
3,000 for Government sector
4,000 for private sector.
Minimum Months on Job
- 1 month for government sector and big companies
- 4 months for inducated private sectors
Finance amount
5,000 up to 5,000,000
Minimum Age
Minimum 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.
Terms and conditions applied.
Administrative fee is 1% of the amount of financing or ( 5,000) whichever is lower.
Fees for authorizing the sale of a commodity to a third party: 0% From the cost of the First Party purchasing the commodity.
| Finance Amount | Maturity in Years | *APR | Monthly Payment Amount |
|---|---|---|---|
| 100,000 | 5 Years |
5.63% | 1,888 |
| 200,000 | 5 Years |
6.37% | 3,823 |
| 350,000 | 5 Years | 6.37% | 6,720 |
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
Annual Percentage Rates
View the pricing and calculations related to our finance and savings products.
