Aramco
King Abdullah University of Science and Technology (KAUST)
SABIC
SAR 4,000 for residents
- 3 months for AlWessam Elite and Platinum clients in all government sectors and private companies
- 12 months for other entities
60 months for employees of Aramco, SABIC, and King Abdullah University of Science and Technology (KAUST)
A letter stating the end of service benefit amount.
Obtain immediate cash liquidity for all government sectors and approved private companies that transfer their employees’ salaries to Saudi National Bank via the “Sarie” salary transfer system.
Product Advantages:
● Compliant with Islamic Sharia principles.
● Instant approval.
● Affordable monthly installments for periods of up to 5 years.
| Finance Amount | Maturity in Years | *APR | Monthly Payment Amount |
|---|---|---|---|
| 100,000 | 5 Years | 5.25% | 1,871 |
| 200,000 | 5 Years | 4.86% | 3,708 |
| 350,000 | 5 Years | 4.74% | 6,472 |
Possibility of obtaining additional financing if the client's salary increases or if the client's financial obligations do not exceed the specified monthly deduction limit.
Product Advantages:
● Compliant with Islamic Sharia principles.
● Instant approval.
● Affordable monthly installments for periods of up to 5 years.
| Finance Amount | Maturity in Years | *APR | Monthly Payment Amount |
|---|---|---|---|
| 100,000 | 5 Years | 5.23% | 1,870 |
| 200,000 | 5 Years | 5.13% | 3,732 |
| 350,000 | 5 Years | 5.04% | 6,519 |
Possibility of obtaining top-up financing after repaying 20% of the existing personal finance.
Product Advantages:
● Compliant with Islamic Sharia principles.
● Settle the existing loan and obtain new financing.
● Instant approval.
● Affordable monthly installments for periods of up to 5 years.
| Finance Amount | Maturity in Years | *APR | Monthly Payment Amount |
|---|---|---|---|
| 100,000 | 5 Years | 5.23% | 1,870 |
| 200,000 | 5 Years | 5.13% | 3,732 |
| 350,000 | 5 Years | 5.04% | 6,519 |
Balance Transfer Program
Transfer your debt from other banks to Saudi National Bank with no administrative fees, and pay a single monthly installment at a competitive annual percentage rate.
Product Advantages:
● Deferral of the first two installments for the customer, based on the features and benefits of the debt consolidation program.
● Affordable monthly installments for periods of up to 5 years.
● Compliant with Islamic Sharia principles.
● Instant approval.
| Finance Amount | Maturity in Years | *APR | Monthly Payment Amount |
|---|---|---|---|
| 100,000 | 5 Years | 3.19% | 1,849 |
| 200,000 | 5 Years | 3.10% | 3,690 |
| 350,000 | 5 Years | 2.26% | 6,323 |
SAR 15,000 for all sectors
SAR 4000 for Aramco employees and King Abdullah University of Science and Technology (KAUST)
12 months
Up to 60 months
Provide an employment verification letter.
A letter stating the end of service benefit amount.
A letter of no objection to transfer the debt, not to exceed 10 days from the date of issuance (stating the amount of the personal finance debt and the IBAN number of the other bank).
* The above tables are 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.
Terms and conditions apply.
The administrative fees are either 0.5% of the financing amount or 5,000, whichever is lower.
VAT 15% of Administrative Fees
For more information about product prices, please contact SNB Customer Service (Sales Unit) in Phone Banking on 8002441005