Tawrrouq

It allows you to have a personal financing through Al Yusr in easy installments.

Advantages:

  • Financing amount up to SAR 300,000.
  • No guarantor required up to SAR 100,000.
  • Competitive profit margin.
  • Financing tenor up to 60 months.

General Conditions:

  • For Saudis only (Public Sector and Big Companies).
  • Minimum salary of SAR 5,000 for Saudi’s , Minimum salary of SAR of SAR 6,000 for Expatriates..
  • Age from 21 – 60 years, and up to 70 years for pensioners.
  • Employment experience period (3 Months for Saudis and 6 Months for Non-Saudis).

Required Documents:

  • Proof of income letter verified by Chamber of Commerce (Private Sector).
  • Valid ID.
  • Bank account statement (Private Sector).
  • National Address.
  • Deduction Form (For Pensioners).

Calculated Example:

*The above table is for example only , and the annual percentage rate may vary according to the amount, maturity period and creditworthiness for each customer
Montly Installment   APR  Tenor in years   Finance Amount
3611 19.46% 3  100,000
2528 19.46% 3      70,000
722 19.46% 3         20,000
 

* Terms & Conditions are applied

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