|Minimum Salary needed
||Minimum monthly pension requirement of SAR 3,000
|Maximum amount available
|Length of Loan
|Upfront Fees ( if any )
||Administrative charges is 1% of the finance amount or SAR 5,000/- whichever is less
||Age 40 to 65 years; Salary Assignment Letter, signed by an authorised signatory; banks can provide finance of up to 33% of your monthly salary; you must transfer your salary to a SABB account.
||Fully Shariah-compliant; No guarantor required; Covers the outstanding financing amount in the event of death (God forbid), thereby protecting your family from unforeseen liability