Riyad Bank enables customers from non-approved entities to unify existing financial obligations at other banks and financing companies, which includes (Personal finance, Home finance, Credit Cards, and Auto Leasing) and combine them into one monthly installment.
Features:
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Sharia compliant
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No admin fees.
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Easy and convenient procedures
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The ability of paying current commitments due to other banks and financial entities (Personal finance, Home finance, Credit cards, and Auto leasing)
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Possibility of financing up to SAR 500,000 for non-approved entities and SAR 3 million for approved entities.
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Personal finance up to 60 months.
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Outstanding balance will be waived in case of death (God forbid).
Terms and Conditions:
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The product is available for Saudi customers form private, governmental, large corporate, military and semi-government entities retirees.
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Minimum age is 18 years
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Minimum net salary Depends on the segment.
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The net amount of financing owed to the customer must be SAR 10,000 or higher for non-approved entities and SAR 5,000 or higher for approved entities after paying the debt.
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The maximum loan amount is SAR 500,000 for non-approved entities and 3 M for approved entities.
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The maximum tenure is 60 months.
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For approved and non-approved companies in Riyad Bank.
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Salary is deposited with Riyad Bank through "SARIE" system.
Terms and Conditions apply
For more: 8001242020
Offer is valid until: 31-10-2021
