PERSONAL FINANCE FULL

Required documents for obtaining Personal Finance: Customer must be between 40 and 67 years of age.Waiver of the outstanding finance amount in the event of death or permanent disability (God forbid).Flexible repayment period from 12 up to 60 months.Financing from SAR 10,000 up to SAR 500,000.Therefore, SABB offers Shariah-compliant Personal Finance for Retirees under the concepts of “Tawarruq” and “Murabaha” to help retirees realise their wishes and goals. SABB understands that its customers continue to pursue their dreams and aspirations even after they retire. The applicant must be employed for at least one month for (Saudi nationals) and 3 months for (non-Saudis) in his/her current job.A Minimum total salary starts from (SAR 4,000) for Saudi nationals and (SAR 7,000) for non-Saudi.A minimum basic salary of SAR 3,000 (Saudi & Non-Saudi).The applicant must be at least 21 years of age and maximum 58 years for government or 60 years for private sector.Additional personal finance (top up) is possible after paying off a minimum of 20% from you current finance principle amount.Option to pay off existing debts with other banks (Switch Program).Repayment period of up to 5 years (60 months).In case of death or permanent disability (God Forbid), outstanding finance amount will be waived after providing the required documents.

Instant approval and you can get your finance within 3 hours, if you have provided all required documentation.

Fully Shariah-compliant financing solution.

After buying the metals from SABB, you can issue a power of attorney to SABB for the purpose of selling the metals for cash. These metals are then sold to you at a known and fixed annual percentage rate. SABB owns metals that it purchased from the global market. The “Tawarruq” concept is approved by SABB’s Shariah Supervisory Committee. “Tawarruq” and “Murabaha”: Tawarruq Concept – “MAL”: SABB offers you personal financing solutions under the concepts of SABB provides Shariah compliant Personal Finance, to help you fulfil your ambitions and achieve your dreams, with attractive features and competitive rates.

Or with any other financial requirement.

Enroll your loved ones in schools and universities.

Whatever your financial needs are, SABB has the right solution for you.

Payments & Transfers International & Domestic.

Under construction residential units (Off plan).

Land and Financing Product Subsidized by REDF.Under construction residential units (Off plan) by REDF.Self-construction product subsidized by REDF.Financing against Pledge of Cash Deposits Product.Wealth Management Investment & Insurance.

Prices of financing and savings products.

PERSONAL FINANCE FULL

SABB Qitaf Platinum Mastercard Credit Card.

SABB ALFURSAN Platinum Mastercard Credit Card.

SABB Advance Visa Platinum Credit Card - FAQs.

SABB Premier MasterCard® Credit Card - FAQs.

Personal finance