PERSONAL FINANCE FOR NON INDUCTED PRIVATE EMPLOYERS

Features

  • Shariah compliant.
  • Instant approval.
  • Repayment periods up to 60 months.
  • Possibility of postponing the installment of the month of Ramadan.
  • Possibility of early settlement.
  • Exempting the client from debt in the event of death or total disability, God forbid, in accordance with the relevant regulations.

Terms and Conditions

Nationality Saudis
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 12 months for Saudis in private sector.
Number of salary deposits 3 salary deposits minimum
Minimum Finance amount 5,000 SAR up to 1,000,000 SAR
Minimum Age 21 years old up to 60 years old
Required documents Salary commitment letter + GOSI certificate

 

Terms and conditions applied.
Administrative fee is 1% of the amount of financing or (5,000 SAR) 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 SAR 5 Years 7.24%
1,958 SAR
200,000 SAR 5 Years 6.86%
3,882 SAR
350,000 SAR 5 Years 6.59%
6,752 SAR

 

The above table is for the purpose of example only as the APR may differ depending on the finance amount, salary amount, employer and maturity period and is subject to the 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.