Sign In


TOP-UP FINANCE                                                    LAST UPDATE 3 oct 2022


Top-up finance may be obtained after repayment of 20% of the finance amount from any existing personal finances with a higher limit and new tenure as per desire.

Features:

  • Shariah compliant.

  • Payment of the outstanding finance and obtaining a new finance.

  • Instant approval.

  • Repayment periods up to 60 months.

  • Possibility of early settlement.

  • Possibility of postponing the installment of the month of Ramadan.

  • Possibility of postponing up to 3 installments during apply personal finance

  • Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Terms and Conditions:

NationalitySaudis & Non-Saudis
SectorsGovernment sector or Private sector inducted companies who transfer their employees salary through Sarie system through AlAhli bank.
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 and non-Saudis in the government sectors and big private companies.

1 year for Saudis & Non-Saudis in Private sector.

Minimum Finance amount5,000 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.​

 

Topup Personal Finance by Local Commodities:

Finance AmountMaturity in Years*APRMonthly Payment Amount
100,000 SAR5 Years7.00%1,925 SAR
200,000 SAR5 Years6.81%3,833 SAR
350,000 SAR5 Years6.62%6,679 SAR

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

Topup Personal Finance by Local Shares:

Finance AmountMaturity in Years*APRMonthly Payment Amount
100,000 SAR5 Years6.52%1,904 SAR
200,000 SAR5 Years
6.62%3,817 SAR
350,000 SAR5 Years
6.71%
6,694 SAR​

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

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