Samba Personal Loan with 0% Profit Rate

Minimum Salary needed SR 3,000
Maximum amount available SR 60,000
Length of Loan 1 Year
Profit Rate 0% p.a.
Upfront Fees ( if any ) Management fees should not exceed 1% of finance amount or SR 5,000 whichever is less
Eligibility You should be working with a Samba-approved employer
Main Features Approved by the Shariah Supervisory Board; Finance based on Tawarouq by the purchase and sale of local commodities; Simple documentation; Takaful Insurance – In case of death or permanent total medical disability, God forbid, all outstanding amounts will be considered paid subject to terms and conditions of insurance policy; No guarantor required; Samba Credit Card without annual fees for the entire finance period; Opportunity to top up your Al Khair finance for extra cash; Available for Saudi nationals and expatriate with end of benefits service working in government, semi- government or private sectors