Below example shows the profit calculation for saving account with return:

DAILY BALANCE PROFIT RATE (ANNUALLY) PROFIT ACCRUAL EXPECTED DAILY PROFIT EXPECTED MONTHLY PROFIT*
SAR 100,000 2% Daily SAR 5.48 SAR 164.4
Assuming customer’s daily balance is SAR 100,000 throughout the month
 
Last Updated: 26/02/2024
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Bank AlJazira, A Saudi Joint Stock Company, Fully paid capital SAR 8,200,000,000, Commercial Registration No: 4030010523, Head office: Jeddah – Saudi Arabia, P.O. Box 6277
Jeddah 21442 Telephone: +966 12 609 8888 – Fax +966 12 609 8881, National Address: Bank AlJazira – King Abdulaziz Branch Rd – Ash Shati District Building No. 7724
Zip code 23513, Additional No. 3551, unit No.1 Website: www.baj.com.sa, Bank AlJazira is under the supervision of Saudi Central Bank