Last update on this page:
1st Nov 2020
Personal Finance
Propoerty Market Value
| Fixed or Variable Rate
| APR
| Maturity in Years
| Payment Type
| Monthly Repayment Amount*
| Early Payment Charges
|
100,000
| Fixed
| 3.150%
| 5 Years
| Principal and Interest / Profit
| 1,782.55
| Profit of future 3 installments
|
*APR & Monthly repayment amount may differ depending on the amount and the maturity period and the prevailing bank rate
Personal Finance Calculator
Islamic Commodity Investment Account
Example: of 1 Months subscription in (Islamic Commodity Investment Account) Account:
Deposit Amount
| AER
| Period
| Expected Profit Amount
| Expected Maturity Amount
|
SAR50,000
| 2.25
| 1M
| SAR 21
| SAR 50,021
|
Example: of 9 Months subscription in (Islamic Commodity Investment Account) Account:
Deposit Amount
| AER
| Period
| Expected Profit Amount
| Expected Maturity Amount
|
SAR100,000
| 1.94
| 9M
| SAR 1455
| SAR 101,455
|
Example: of 12 Months subscription in (Islamic Commodity Investment Account) Account:
Deposit Amount
| AER
| Period
| Expected Profit Amount
| Expected Maturity Amount
|
SAR25,000
| 2.55
| 12M
| SAR 649
| SAR 25,649
|
*AER: is an Annual Equivalent Rate, is a figure which shows what the profit rate on an account would be if profit was paid for a full year and compounded.
**AER may differ depending on the amount and the period different form the above example.
Saving Account
Deposit Amount
| AER
| Period
| Expected Profit Amount
| Expected Maturity Amount
|
SAR 152
| 0.0015
| 12M
| SAR 12
| SAR 164
|
*AER may differ depending on the amount and the period different form the above example.
Example: of 1 Month subscription in (saving account) Account:
Deposit Amount
| AER
| Period
| Expected Profit Amount
| Expected Maturity Amount
|
SAR100,000
| 0.0015
| 1 M
| SAR13
| SAR100,013
|
Example: of 12 Months subscription in (saving account) Account:
Deposit Amount
| AER
| Period
| Expected Profit Amount
| Expected Maturity Amount
|
SAR 100,000
| 0.0015
| 12M
| SAR 153
| SAR 100,153
|
Example: of 12 Months subscription in (saving account) Account:
Deposit Amount
| AER
| Period
| Expected Profit Amount
| Expected Maturity Amount
|
SAR 500,000
| 0.0015
| 12M
| SAR 764
| SAR500,764
|
*AER: is an Annual Equivalent Rate, is a figure which shows what the profit rate on an account would be if profit was paid for a full year and compounded.
*AER may differ depending on the amount and the period different form the above example.
Credit Cards
Credit Card Fees
| VISA Gold
| VISA Platinum
| Mastercard World
|
Annual Fees SAR
| 402.5
| 690
| 1150
|
Foreign Currency charges
| 3.10%
| 3.10%
| 3.10%
|
Annual Percentage Rate
(Based on Customer Segment)
| 30.99% - 37.99%
| 30.99% - 37.99%
| 30.99% - 37.99%
|
Minimum Amount Due
| 5% or SR 350 (whichever is higher)
| 5% or SR 350 (whichever is higher)
| 5% or SR 350 (whichever is higher)
|
Late Payment Fee SAR
| 115
| 115
| 115
|
Home Finance Products:
1- Self-Construction under tawarruq/ tawarruq Home equity release
Example1:
Property Market Value
| Loan to value Ratio
| Fixed or Variable Rate
| APR
| Maturity in Years
| Payment Type
| Monthly Repayment Amount*
| Early Payment Charges
|
500,000
| 90%
| Fixed
| 5.64%
| 20 Years
| Principal and Interest / Profit
| 3,476.74
| Profit of future 3 installments
|
Example2:
Property Market Value
| Loan to value Ratio
| Fixed or Variable Rate
| APR
| Maturity in Years
| Payment Type
| Monthly Repayment Amount*
| Early Payment Charges
|
714,000
| 70%
| Fixed
| 6.49%
| 25 Years
| Principal and Interest / Profit
| 3372.92
| Profit of future 3 installments
|
2- Off Plan:
Example1:
Property Market Value
| Loan to value Ratio
| Fixed or Variable Rate
| APR
| Maturity in Years
| Payment Type
| Monthly Repayment Amount*
| Early Payment Charges
|
850,736
| 70%
| Fixed
| First period: 2.68%
| First period: 2 Years
| Interest / Profit for the first 2 years
| First period: 930 SAR
| Profit of future 3 installments
|
Second period: 4.78%
| Second period:13 Years
| Principal and Interest / Profit for rest
| Second period: 5,133 SAR
|
Example2:
Property Market Value
| Loan to value Ratio
| Fixed or Variable Rate
| APR
| Maturity in Years
| Payment Type
| Monthly Repayment Amount*
| Early Payment Charges
|
771,370
| 90%
| Fixed
| First period: 2.90%
| First period: 2 Years
| Interest / Profit for the first 2 years
| First period: 2,516 SAR
| Profit of future 3 installments
|
Second period: 4.95%
| Second period:18 Years
| Principal and Interest / Profit for rest
| Second period: 4,863 SAR
|
Example3:
Property Market Value
| Loan to value Ratio
| Fixed or Variable Rate
| APR
| Maturity in Years
| Payment Type
| Monthly Repayment Amount*
| Early Payment Charges
|
496,000
| 90%
| Fixed
| First period: 2.90%
| First period: 2 Years
| Interest / Profit for the first 2 years
| First period: 1,474 SAR
| Profit of future 3 installments
|
Second period: 4.97%
| Second period:18 Years
| Principal and Interest / Profit for rest
| Second period: 3,132SAR
|
Policy terms and conditions apply
Only available to residents of Saudi Arabia
***Annual Percentage Rate starts from 4.94%
Murabaha
Propoerty Market Value
| Loan to value Ratio
| Fixed or Variable Rate
| APR
| Maturity in Years
| Payment Type
| Monthly Repayment Amount*
| Early Payment Charge
|
500,000
| 90%
| Fixed
| 6.78%
| 25 Years
| Principal and Interest / Profit
| 3,030.00
| Profit of future 3 installments
|
*APR & Monthly repayment amount may differ depending on the amount and the maturity period and the prevailing bank rate
Ijara
Propoerty Market Value
| Loan to value Rati
| Fixed or Variable Rate
| APR
| Maturity in Years
| Payment Type
| Monthly Repayment Amount*
| Early Payment Charges
|
500,000
| 90%
| Fixed for first 2 years
Repriced every 2 years SWAP rate plus 3%
| 5.30%
| 25 Years
| Principal and Interest / Profit
| 2,649.04
| Profit of future 3 installments
|
*APR & Monthly repayment amount may differ depending on the amount and the maturity period and the prevailing bank rate
Home Finance Calculator