Personal Finance Programs for Non-Saudis

Personal finance program for employees in the governmental sector:


Conditions:

  • Should be 22 years and above
  • Minimum net salary of SAR 2000
  • Period of service is not required
  • Finance amount is granted to the customer based on the employment contract period or end of service allowance provided that the funding amount does not exceed SAR 300,000

Features:

  • Approved by Riyad Bank’s Sharia Committee
  • Competitive profit margin rates
  • Instant initial approval

Personal Finance Program for military sector:


Conditions:

  • Should be 18 years and above
  • Minimum net salary of SAR 2000
  • 12-months service period for those whose salary is between SAR (2000 – 4999)
  • Period of service is not required for those whose salary is SAR (5000) and above

Features:

  • Approved by Riyad Bank’s Shari’a Committee
  • Competitive profit margin rates
  • For salary transfer financing, all outstanding balance will be waived in case of customer’s death (may God forbid)
  • Repayment period is up to 60 months
  • Instant initial approval

Personal Finance Program for large corporations employees:


Conditions:

  • Should be 22 years and above
  • Minimum net salary of SAR 5,000
  • 3-months service period for those whose salary is between SAR (5000 – 14,999)
  • Period of service is not required for those whose salary is above SAR (15,000)
  • Finance amount up to SAR 300,000
  • Finance amount is granted to the customer based on the employment contract period or end of service allowance

Features:

  • Approved by Riyad Bank’s Shari’a Committee
  • Competitive profit margin rates
  • Instant initial approval

Personal Finance Program for private sector employees:


Conditions:

  • Should be 22 years and above
  • Minimum net salary of SAR 5,000
  • 6-months service period for those whose salary is between SAR (5000 – 14,999)
  • 3-months service period for those whose salary is above SAR (15,000)
  • Finance amount up to SAR 300,000
  • Finance amount is granted to the customer based on the employment contract period or end of service allowance

Features:

  • Approved by Riyad Bank’s Shari’a Committee
  • Competitive profit margin rates
  • Instant initial approval

Personal Finance Program for employees of non-approved companies list:


Conditions:

  • Should be 22 years and above
  • Minimum net salary of SAR 8000
  • Minimum period of service is  6 months
  • Finance amount is granted to the customer based on the employment contract period or end of service allowance
  • Salary transfer to Riyad Bank through SARIE system

Features:

  • Financing of up to SAR 150,000
  • Repayment period is up to 36 months
  • Approved by Riyad Bank’s Sharia Committee
  • Competitive profit margin rates
  • Instant initial approval

Personal Finance Program for professionals:

Riyad Bank provides finance solutions for Non Saudi professionals such as executive managers , engineers, lawyers, pharmacists and health specialists.

Conditions:

  • Minimum period of service of 6 months
  • Minimum net salary of SAR 8,000
  • Granting the finance amount is not related to the end of service allowance
  • Loan repayment period is up to 36 months and loan amount SAR 300,000 maximum
Credit Cards

Credit Cards

Distinct set of credit cards with innovative banking solutions to meet unique lifestyle.
Ijarah Car Lease

Ijarah Car Lease

Owning a vehicle without having to pay the full amount upfront. Riyad Bank’s Auto Leasing program allows you to conveniently own a car of your choice.
Home Finance

Home Finance

Owning or building your dream home does not have to be your biggest concern. Our mortgage advisors will guide to choose the type of finance that would better meet your requirement.