| Minimum Salary needed |
Not mentioned |
| Maximum amount available |
Not mentioned |
| Length of Loan |
5 years |
| Profit Rate |
Annual Percentage Rate (APR) starting from 3.67% |
| Upfront Fees ( if any ) |
Management Fees 1% of the finance amount or SR 5,000 whichever is low |
| Eligibility |
Employees of public and private sectors approved by the bank; Pensioners; Applicant should be 18 years old or more |
| Main Features |
Easy process; Skip payment for the first 6 months; The possibility of postponing the first three installments with total tenor of 60 months; Refinancing; Waiver of remaining due monthly installments in case of borrower’s death; God forbid |
