Loan Information Disclosure:
Minimum repayment period: 6 months
Maximum repayment period: 36 months
Annual Percentage Rate (APR): 23% to 24%
Illustrative Example of Total Cost:
If a customer obtains financing of SAR 50,000 for 24 months at an APR of 23%, then:
Monthly payment: approximately SAR 2,639.81
Total cost of financing: SAR 63,355 63,355)
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Our app provides you with an easy and secure digital experience to obtain personal financing that suits your needs. You can specify the financing amount and repayment period, and view the monthly payment and fees before making your decision. All of this is done electronically without the need to visit a branch.
App Features:
Submit a fully digital financing application
Choose the financing amount that suits you
Set your desired repayment period
Calculate your monthly payment directly
View financing details and APR before approval
Track your application status and receive real-time notifications
(Example for illustrative purposes only; actual figures may vary depending on the customer's creditworthiness assessment)