Arab National Bank  House Loan - Al Manzel Al Mubarak Finance

Minimum Salary needed SR. 5,000
Maximum amount available SR. 3,000,000
Length of Loan 25 years
Profit Rate Annual percentage rate is 5.53% including management fees
Upfront Fees ( if any ) Management Fees 1% of the finance amount or SR 5,000 whichever is low
Eligibility The applicant must be an employee at an approved company by Arab National Bank; Minimum one year in service at current employer; Minimum age is 20 years; Salary transfer to Arab National Bank
Main Features Freedom to choose the property you wish to own. (house, apartment or land) Possibility of solidarity between husband and wife and / or close family members; Waiver of remaining due monthly installments in case of death “God forbid”; Additional Finance Program