Personal Refinance

If you want another finance to fulfill your additional needs, or if your monthly salary has changed and you want to benefit from finance, it is possible now with our Personal Refinance solution.

You can now get the maximum finance amount, while considering your monthly installments without the need for the early settlement of your existing finance.

• Saudi National

  	Government Sector	Private Sector
  Minimum Salary	SR 2,000	SR 4,000
  Minimum Employment Period	3 Month	1 Year
  Eligible Age	18 to 60 *	18 to 60 *
  Employer Eligibility	Approved	Approved *
  	Apply	Apply

  Benefits

  • Personal Re-finance in 30 minutes
  • Refinance period of up to 60 months
  • Available to customers with one finance or more (Customer must have at least one existing Personal Finance)
  • Early settlement of existing finance is not necessary

  
  

  Required Documents

  • Copy of valid ID
  • Employment letter, for the private sector, the employment letter must be stamped by the Chamber of Commerce
  • Filled in application form

  For Frequently Asked Questions on Personal Refinance, click here.

• Expatriates

  Expatriates Eligibility	Government Sector	Private Sector
  Minimum Salary	SR 3,500	SR 4,000
  Minimum Employment Period	1 Year	1 Year
  Eligible Age	21 to 60 *	21 to 60 *
  Employer Eligibility	Approved	Approved *
  	Apply	Apply

  Benefits

  • Personal Re-finance in 30 minutes
  • Re-finance period of up to 60 months
  • Available to customers with one finance or more (Customer must have at least one existing Personal Finance)
  • Early settlement of existing finance is not necessary

  Required Documents

  • Copy of valid ID
  • Employment letter, for the private sector, it must be stamped by the Chamber of Commerce
  • Filled in application form