Emkan

Emkan

About this app

Emkan app offers you a one stop shop that delivers all your financial needs in one place! with easy and secure app experience.
You will get your loan in no time, without salary transfer with a push of a button!
Emkan has your back, whether you have an existing loan or you work in private or public sector.

App Features:
• End-to-end digital experience: you can apply for a loan, track your request, sign your contract, execute and receive your loan amount digitally.
• Fast & easy approvals: if you're eligible, you can obtain your loan fast & easy!
• Easy requirements: Emkan accept customers that:
- Work in public, private and military sector
- Saudi or Expats
- With starting salary of 2,000 SAR, without salary transfer
- Don’t need a guarantor.
• Better user experience: easier steps and less requirements with the ability to modify your information and loan amount.
• Flexible loan amount with competitive rates: Emkan Loans starts from 2,000 SAR up to 1.5 Million SAR!


*** Get an easy and fast personal loan even if you have an existing loan!
Personal Finance:
Top up Product:
Minimum and maximum period of repayment 6 to 60 months
Maximum APR: 22.76%
Administrative fees: 1% or 5,000 SAR of the loan amount.

Example:
Salary: Less than 10,000 SAR
Loan amount: 30,000 SAR
Financing period: 12 months
APR: 22.76%


Micro Product:
Minimum and maximum period of repayment 3 to 24 months.
Maximum APR: 41.70%
Administrative fees: 1% or 5,000 SAR of the loan amount.

Example:
Loan amount: 30,000 Sar
Financing period: 12 months
APR: 41.70%
Monthly Installment: 3,100


Re-finance Product:
Minimum and maximum period of repayment 6 to 60 months.
Maximum APR: 21.42%
Administrative fees: 1% or 5,000 SAR of the loan amount.
Example:
Salary: 10,000 SAR
Existing loan amount: 64,000 SAR
Additional loan amount: 80,000 SAR
Financing period: 5 Years
Monthly installments: 2,183.33 SAR
APR: 21.42%


*** Or buy whatever you want with selected merchants with easy installments!

Retail Finance:
Minimum and maximum period of repayment 3 to 36 months.
Administrative fees: 1% or 5,000 SAR of the loan amount.

Example:
Salary: 2,000 SAR
Loan amount: 2500 SAR
Financing period: 36 months
Monthly installments: 120.83 SAR
APR: 40.38%

*** Love cashback? get Emkan Ucard and get 0.5% up to 2% cashback on your local & international payments!

Credit Card:
Maximum APR: 57.53 %

Example:
Card limit: 10,000 SAR
Monthly purchase rate: 2.99%
Minimum payment amount: 5%
APR: 57.53%

and much more for you to discover while using Emkan. Download it now!

Ratings and reviews

It was working fine since a year, but from last couple of days the app crashes after taking credentials and then OTP, don't know what is the issue, even i have tried to restart my mobile.

After the foundation day update the app is not working as expected. After login unable to make the payment

After Founding Day update the app won't work as it keeps crashing in login window

What's new

We updated the app as often as possible to make it even better for you. Here are a couple of the enhancements you'll find in the latest update:- Enhancing user experience and security enhancements