Product Annual rate * Management Fees * Minimum Fees *
Short term Financing (less than 1 year) 4% to 7% 0.5% to 2% SAR 1000
Medium term Financing (1-3 years) 5% to 8% 0.5% to 2% SAR 1500
Long term Financing (More than 3 years) 7% to 10% 0.5% to 2% SAR 2000

Note: The above are only examples, prices are subject to change if there are influencing factors such as the customer's credit history. - Last Updated: 18/08/2020

Example 1: Short-term financing

A client looking for a working capital finance with an amount of SAR 1,000,000 for a period of 10 months, and monthly installments:

Total Facility Amount SAR 1,000,000
Annual rate 6%
Profit amount (Subject of utilizing all limit) SAR 50,000
Financing Tenor 10 Months
Monthly Installment* (Subject of utilizing all limit) SAR 105,000
Management Fee SAR 10,000

Note: The above table is just an example, the annual loan rate or administrative fees may differ based on the business sector, required amount, financing period, and credit score for each customer.

Example 2: Medium term financing

A client wishes to fund extracts of SAR 4,000,000 for a period of 24 months and to be paid on a quarterly basis:

Total Facility Amount SAR 4,000,000
Annual rate 7%
Profit amount (Subject of utilizing all limit) SAR 560,000
Financing Tenor 24 Months 
Quarterly Installment* (Subject of utilizing all limit) SAR 570,000
Management Fee SAR 40,000

Note: The above table is just an example, the annual loan rate or administrative fees may differ based on the business sector, required amount, financing period, and credit score for each customer.

Example 3: Long-term financing

A customer looking for capital expenditure financing of SAR 6 million for a period of 5 years, and to be paid a monthly basis:

Total Facility Amount SAR 6,000,000
Annual rate 8%
Profit amount (Subject of utilizing all limit) SAR 2,400,000
Financing Tenor 60 Months
Quarterly Installment* (Subject of utilizing all limit) SAR 140,000
Management Fee SAR 60,000

Note: The above table is just an example, the annual loan rate or administrative fees may differ based on the business sector, required amount, financing period, and credit score for each customer.

*The customer may request the distribution of installments (in addition to the bank's profits) on a monthly, quarterly, semi-annual or annual basis

All fees are subjected to 15% Value Added Tax (VAT)