Emkan

Emkan

About this app

Emkan application offers you a one stop shop that serve all your financial needs in one place! with easy and secure digital application experience.
You will get your loan online, without salary transfer with a push of a button!
Emkan has your back, whether you have an existing loan or not! or you are working 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.
• Multiple loan products! can serve your financial needs and situations
• Fast & easy approvals: if you're eligible, you can obtain your loan fast & easy with auto-approval flow!
• Easy requirements: Emkan accept customers that:
- Work in public, private and military sectors
- 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:
Topup:
Minimum and maximum period for repayment: 6 to 60 months
Maximum Annual Percentage Rate (APR): 13.71%
Loan processing fees: 1% out of the total loan amount and maximum 5,000.
Example:
Intrest Rate: 6.1 %
APR: 12.25 %
Tenure: 60 months
Financing amount: 132,696.78 SAR
Management Fees: 1,526.02 SAR
Profit Amount: 40,472.51 SAR
Total Contract Value: 173,169.29 SAR
Monthly Installment: 2,886.15 SAR
 


Micro Product:
Minimum and maximum period of repayment 3 to 24 months.
Maximum Annual Percentage Rate (APR): 41.70%
Administrative fees: 1% or 5,000 SAR of the loan amount.
Example:
Intrest Rate: 6.1 %
APR: 12.25 %
Tenure: 60 months
Financing amount: 132,696.78 SAR
Management Fees: 1,526.02 SAR
Profit Amount: 40,472.51 SAR
Total Contract Value: 173,169.29 SAR
Monthly Installment: 2,886.15 SAR


Refinance:
Minimum and maximum period of repayment 3 to 60 months.
Maximum Annual Percentage Rate (APR): 12.35%
Loan processing fees: 1% out of the total loan amount and maximum 5,000.
Example:
Intrest Rate: 2.99%
APR: 6.8 %
Tenure: 60 months
Financing amount: 144,863.88 SAR
Management Fees: 2,515.37 SAR
Profit Amount: 21,657.15 SAR
Total Contract Value: 166,521.03 SAR
Monthly Installment: 2,775.35 SAR

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

National Address: 2382 Road92- Olaya Neighborhood, unit No. 1 Riyadh 12214-9355
For customer Support: 8001240251

Ratings and reviews

The app is unusable. Infinite load screens, and when it loads it is showing incorrect information.

This app needs improvement desperately. Sometimes it does not even load. You need to try 4..5 times to perform an operation.

Please don't download it, it's such a difficult process and works very slowly, it's a waste of time.😡