☰

Education Tuition Fee Program

Education Tuition Fee Program

​
Driven by social responsibility program of Bank Albilad “Albilad Mubadara”, we are glad to offer our customers with the education fees financing to allow our customers to get a financing to pay the education fees to educational institutions and then pay back the fees to the bank in an easy installments with 0% profit margin and zero management fees.  
Bank Albilad provides this service currently in cooperation with King Khalid University in Abha to finance graduate students - Najran University- Saudi Electronic University.

​

What are the key features of Bank Albilad tuition fees financing?


  • 0% profits and with no management fees on the financing.
  • Sharia-compliant financing services.
  • Fast financing processing.
  • Flexible financing period up to 36 months.
  • Early settlement is available.
  • Flexible monthly installments.
  • Ability to defer one instalment per annum
  • Ability to defer installments at the beginning of the contract.
  • No guarantor required.
  • Financing amounts up to 200,000 SAR.
  • Additional finance is available.
  • Available for retired customers.

​

Terms and Conditions


  • Customer must be 21 years or older.
  • Customer shall open current account with Bank Albilad 
  • Customer must be an employee of a public or private sector approved by Bank Albilad.
  • Customer's salary shall be 3,000 SAR or more, for Saudi customers working in government sectors or based on employer classification

​

Required Documents


To ensure completing your application quickly and smoothly, please provide the following documents when submitting your application:
  • Valid ID.
  • Fill out disclosure form.
  • ID copy for military employees.
  • Filling "Installment Purchase Order" Form.
  • A letter from the customer's employer indicating: monthly salary (Basic and allowances), job title, date of employment.
  • A statement of salary transfer from employer.
*Bank Albilad terms and conditions apply

Contact Us

Get our latest offers and products

All Rights Reserved © 2024 Bank Albilad is a Saudi joint stock company, with National Unified No. 7001473102, Head Office: Al Mutamarat 8229, Building No 2, RIYADH 3952 - 12711, KSA. Under monitoring and supervision of Saudi Central Bank and licensed by Royal decree 48/M on 1425/9/21H (4/11/2004 G).


الموقع متوافق مع ذوي الإعاقة البصرية
down arrow