Charges and minimum required balance
Administrative fee not exceeding 1% of the amount of funding or SAR 5,000, whichever is less.
The SAIB Car Murabaha Finance comes with a complementary salary account with no minimum balance requirements. The account also offers free cheque-book, mada Debit Card from The Saudi Investment Bank and access to SAIB Flexx Click Internet Banking, Flexx Touch Mobile Banking, Flexx Call contact center and SMS Banking facilities.
You may receive your finance amount on the same day (provided you submit all the required documents).