Last update done to this page on 01/11/2023

We aim to provide personal financing solutions that meets the requirements and needs of to enable all members of the community to apply and receive their financing product promptly. You can now submit a personal financing application that is compatible with Islamic law and with a competitive profit margin through digital application or by visiting one of our branches.

Terms and Conditions:

• Includes employees and retired Saudis.
• Age of applicant must be between 21 and 60.
• Minimum salary of 3690.
• The minimum financing amount is not less than 10,000 riyals, and the maximum financing amount is half a million riyals.
• Duration of service is at least 4 months for the private sector and at least 3 months for the semi-governmental sector and at least 1 month for the governmental sector.
• The APR ranges between 20% – 39% and varies according to financing amount and repayment period.
• The repayment period ranges from 6 months to 60 months.
• The percentage of salary deduction is up to 45%.
• Financing without a sponsor for the following sectors (the military sector – the excavation sector – the consulting sector – lawyers – charitable societies – muezzins and imams of mosques).
• Financing up to 200,000 without a sponsor for private sector employees (if the service period is one year or more).