Sign In

Short-Term Personal Financing                                       LAST UPDATE 13 DEC 2023

Personal Short-Term Financing provides finance to cover your current needs for up to 12 months​


  • Shariah compliant.
  • Instant approval. 
  • Repayment periods from 3 months up to 12 months.
  • Possibility of early settlement. 
  • Possibility of postponing the installment of the month of Ramadan.
  • Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Terms and conditions:

NationalitySaudis only.
SectorsAll Government sectors and Private inducted companies.

Minimum SalarySAR 3,000 Saudis & SAR 4,000 Non-Saudis.
Minimum Months on Job

1 month for Saudis in Government sector.

3 months for Saudis in the big 5

Minimum Finance amount 5,000 SAR up to 2,500,000 SAR
Minimum Age18 years for Saudis & 22 years for Non-Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Terms and conditions applied.

Administrative fee is 1% of the amount of financing or (5,000 SAR) whichever is lower​.

Fees for authorizing the sale of a commodity to a third party: 0% From the cost of the First Party purchasing the commodity.​

Finance AmountMaturity in Years*APRMonthly Payment Amount
20,000 SAR6 Months
3,333 SAR
50,000 SAR9 Months
1.70%5,593​ SAR
100,000 SAR1 Year3.95%8,416 SAR

The above table is for example purposes as APR may differ depending on the finance amount, salary amount, employer and maturity period and subject to credit scoring of each customer.

For more information, please contact SNB Customer Service (Sales Unit) in Phone Banking on 8002441005