Prices of financing and savings products

Prices of financing and savings products

Prices of financing and savings products

Personal Finance Calculator

The calculator provides estimates only and shall not be considered an approval for the financing application.

Result
=
00,000
Your Age
 
18 Years
Customer Type
Your Salary
SAR
Finance Tenor
Months
 
Result
=
00,000
Your Age
 
18 Years
Your Salary
SAR
Finance Tenor
Months
 
Amount Needed
SAR

Car murabaha finance calculator

The calculator provides estimates only and shall not be considered an approval for the financing application.

Result
=
00,000
Your Age
 
18 Years
Customer Type
Your Salary
SAR
Finance Tenor
Months
 
Car Value
SAR

Home Finance Calculator

The calculator provides estimates only.

Result
=
00,000
Your Age
 
 
20 Years
Property Price
SAR
Gross Income
SAR
Repayment term
Months
First House
Down Payment
SAR
Monthly obligations
SAR
 

Cards

The calculator provides estimates only.

Credit Limit
=
00,000
Customer Type
Salary
SAR
APR %
PLEASE NOTE THAT THESE ARE SIMULATED AMOUNTS REPRESENTING APPROXIMATE NUMBERS ONLY, WITHOUT TAKING INTO ACCOUNT YOUR MONTHLY OBLIGATIONS AND CREDIT BUREAU RESULTS.
For exact figures, please contact Flexx Call contact center at 800-124-8000

or visit the nearest SAIB Branches.
All finance products are subject to credit approval.

Example

An example of information that will be obtained when applying for a product

Personal Finance

Example: 1


 

Finance Amount (SAR) 100,000
Finance Tenor (Years) 5
Annual Percentage Rate (APR) % 3.60%
Monthly Installment Amount (SAR) 1,800

 

Example: 2

 

Finance Amount (SAR) 200,000
Finance Tenor (Years) 4
Annual Percentage Rate (APR) % 13.08%
Monthly Installment Amount (SAR) 4,433

 

Example: 3

 

Finance amount (SAR) 250,000
Finance Tenor (Years) 5
Annual Percentage Rate (APR) % 3.60%
Monthly Installment Amount (SAR) 4,500

*The Annual Percentage Rate (APR) may differ based on the amount and maturity period.

Car Murabaha Finance

Finance amount (SAR) 100,000
Tenor (Years) 5
APR % Starting from 4.71
Installment amount (SAR) 1,849.79

*The Annual Percentage Rate (APR) may differ based on the amount and maturity period.

Home Finance

Example: 1
Property evaluation (SAR) 500,000
LTV % 90
Type of term cost Fixed
APR % 7.63%
Finance Tenor (Years) 15
Payment method Monthly deduction from customer's salary
Monthly Installment Amount (SAR) 4,093
Early settlement amount 1-2 Years: Total profit amount of the 1st two years After 2 years: profits of the three subsequent installments

 

Example: 2

 

Property evaluation (SAR) 750,000
LTV % 70
Type of term cost Fixed
APR % 7.80%
Finance Tenor (Years) 20
Payment method Monthly deduction from customer's salary
Monthly Installment Amount (SAR) 4,194
Early settlement amount 1-2 Years: Total profit amount of the 1st two years After 2 years: profits of the three subsequent installments

 

Example: 3

 

Property evaluation (SAR) 900,000
LTV % 80
Type of term cost Fixed
APR % 7.76%
Finance Tenor (Years) 20
Payment method Monthly deduction from customer's salary
Monthly Installment Amount (SAR) 5,751.94
Early settlement amount 1-2 Years: Total profit amount of the 1st two years After 2 years: profits of the three subsequent installments

*The Annual Percentage Rate (APR) may differ based on the amount and maturity period.

Murabaha Deposit

Example: 1
Investment amount (SAR) 100,000
Investment Tenor (Months) 1
Profit margin % 0.400
Number of withdrawals allowed Not applicable

The above table is for illustration only, and the profit margin may differ according to the amount and maturity period.

Example: 2
Investment amount (SAR) 1,400,000
Investment Tenor (Months) 6
Profit margin % 1.00
Number of withdrawals allowed Not applicable

The above table is for illustration only, and the profit margin may differ according to the amount and maturity period.

Example: 3
Investment amount (SAR) 1,000,000
Investment Tenor (Months) 12
Profit margin % 0.550
Number of withdrawals allowed Not applicable

The above table is for illustration only, and the profit margin may differ according to the amount and maturity period.

Credit Card

Card Type Visa Platinum
Credit Limit 10,000
Used Amount by customer 7,000
Tawarruq 2.49%
Annual Fee

*All new cards issued after December 15th will have no annual fees.

400 SAR
Minimum Payment Due 5%
(APR) Annual Percentage Rate 39.770%
Period to pay total outstanding 7

*All new cards issued after December 15th will have no annual fees.
*APR May differ depending on Card Type

SME

Product Annual Percentage Rate* Administration Fees
Short Term Loans 5% - 7% plus SIBOR 1.5% - 3%
Mid Term Loans 6% - 8% plus SIBOR 1.5% - 3%

*Above rates may change based on the credit record of the entity.