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

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