Transfer your loan debt from other banks to SNB and pay only one monthly installment at a competitive annual percentage rate.
Additional features
- Consolidation of all liabilities (personal finance, lease finance, and credit cards) into one personal finance installment
- Liquidity provision
- Access to SNB’s services and products
- Fast transaction processing
- The first two installments may be deferred for the customer according to the features of the Debt Transfer Program
- Option to execute using Flexible installment
- Option to execute using Extended financing
What you need to qualify
Minimum monthly income
3,000 Government and Private Sectors
7,000 (Ground Forces, National Guard, Air Force)
Resident status
Saudis and Non-Saudis in (Aramco – KAUST)
Sectors
All Government sectors and Private inducted companies
Minimum employment term
One month for Saudis in the government sector
Three months, if working for a big private company
One year for other private sector companies
Minimum Funding Amount
5,000 up to 5,000,000.
Age
Between 18 and 60 years old.
Except for retirees, where the maximum age is 75 years.
Annual Percentage Rates
View the pricing and calculations related to our finance and savings products.
