Saudi Investment Bank Personal Loan - Arzaq Murabaha

 

Minimum Salary needed SAR 3,500 per month
Maximum amount available SAR 1,000,000
Length of Loan 5 Years
Profit Rate Not mentioned
Upfront Fees ( if any ) Not mentioned
Eligibility Applicant must have a salary account with SAIB (Salary should be transferred); Work for an employer included in the Bank’s pre-approved list; Have a minimum length of service period with your current employer of at least 3 months; Be at least 18 years of age; Maximum age of 60 for males and 58 for females (at maturity of the facility). For armed forces personnel, maximum age would depend on rank / position held
Main Features Sponsor/Guarantor not required; Access to re-financing facilities; Debt relief in case of death (God forbid);