• Finance up to SR 3,000,000 *
• Free Takaful insurance covers the remainder of the funding situation of death or total disability, "God forbid"
• Loan applicable retired customers
• Applicable for Saudi and non-Saudi customers .

* APR starting from % 3.38 (including administrative fees). 

* Administration fees are 1% of the total amount of funding or up to SR 5,000 and subject to 15% Value Added Tax (VAT).

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

 For Examples of declaration tables click here

Terms & Conditions

• Good credit history
• Customer’s age ranges between 20 - 60 years
• To be employed at a government sector, or for at least 3 months in a GOSI-government or employed for private sector based on the agreement with bank al Jazira
• Salary Transfer to Bank AL Jazira after settling the outstanding amount in the other bank
• Minimum salary of SR 5,000 for government and semi government sector for military SR 8000 for private sector based on the agreement with bank al Jazira
• Finance Type (Buyout)
• Entered Applications from Sunday 15th September 2024 to 26 September 2024
• Loan Amount be credited before 30 Oct 2024
• The customer must have active credit card in bank al Jazira to refund the personal finance administrative fees to credit card balance.