Personal Finance “Torque”

Overview

We offer personal finance under “Tawarruq” to provide your needs. Why wait to go for your holiday, equip your home, or save your children’s education expenses. Buy your favorite furniture or plan your wedding.

We provide all personal financial requirements that are Sharia compliant.

 Financing features:

  • Certified by the Shariah Board
  • Amount of funding up to SR 500,000
  • Competitive margin
  • No salary transfer
  • Immediate approvals
  • Ability to pay up to 60 months

 Conditions for obtaining funding:

  • Minimum monthly salary 6000 riyals
  • The current service period should not be less than 3 months for the governmental and semi-governmental sector and 6 months for the private sector
  • The client must be at least 20 years of age and not more than 65 years at the end of the financing
  • The period of indebtedness shall not be less than 6 months and not more than 60 months

 Required Documents:

  • A modern salary definition letter, certified by the Chamber of Commerce for the private sector (for the client and sponsor)
  • Copy of civil status card or residence (for the client and sponsor)
  • Salary statement for the last three months
  • The origin of the electricity bill (for the king) or the lease contract (for the lessee)
  • Skates for housing and work

 For more information, please visit our nearest branch or call our toll-free number: 920001850

How to apply

 To get our products with Saudi Finance, just follow these steps

  • To contact us, please click here
  • To visit our branches, please click here
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