Al Rajhi Bank Personal Loan - Saudi National

Minimum Salary needed SR 2,000
Maximum amount available Not mentioned
Length of Loan 5 Years
Profit Rate Term Cost 3.12%; Annual Percentage Rate (APR) 3.68%
Upfront Fees ( if any ) Management Fee SR 500
Eligibility Minimum employment period of 1 month and goes up to 12 months depending on the employer, which must be approved by bank; Salary should be transferred to Al Rajhi Bank; Age should not exceed 60 years when you settle your last installment (assuming retirement age is 60 years); Employer must be approved by Al Rajhi Bank
Main Features Sharia’a compliant personal finance in less than 30 minutes