Commodity Financing Through Bank Albilad App

07-02-2024

One click away from requesting personal financing at anytime and anywhere via Albilad App and without the need to visit the branch ,You can apply for all types of Murabaha Financing through Albilad App (Personal Finance - Top Up Finance - Refinancing)

If you are a new customer of Bank Albilad and do not have an account, open your account and request your financing now online via Albilad app.

If you are an existing customer, login to Albilad application, then click on the shopping cart at the bottom of the application, choose Personal Financing and complete the steps...

Personal Finance Benefits

Special and Lower Profit Rates
Fast finance applying process around the clock via Albilad App
Sharia compliant
Financing period up to 60 months
No salary transfer required for other banks employee
Finance for retired customers
Reasonable Monthly Instalment
Able to apply for Top Up after 3 months from the last Loan

Refinance Benefits

Special and Lower Profit Rates
Fast finance applying process around the clock via Albilad App
Sharia compliant
Financing period up to 60 months
Finance for retired customers
Reasonable Monthly Instalment
Able to make a partial payment to meet the eligibility for Re-Finance

Top-Up Finance Benefits

Special and Lower Profit Rates
Fast finance applying process around the clock via Albilad App
Sharia compliant
Early settlement is available
Able to apply for Top Up after 3 months from the last Loan

How to apply for Digital Personal Finance Through Albilad App?

Login to Albilad App
Click on the shopping cart at the bottom of the page
Choose Personal Financing
Click on Finance type
Choose the mechanism for applying for the commodity
Fill in the required information then submit the request

Terms and conditions

Salary Transferred to Bank Albilad
Age must be 18 or older
Customer must be employee in one of the approved employers at Bank Albilad
Monthly net income should not be below

SAR3000 for Saudi
SAR3500 for non-Saudi

How the profit margin is calculated?

Here is an example of how the profit margin is calculated:

New Financing
Finance amount	SAR 100,000
Total profit margin	SAR 10,950
APR	4.74%
Management fees	Management fees is 1% of the Financing Amount with Cap. of SAR 5,000
Finance duration	60 months
Total finance cost	SAR 110,950
Monthly installment	SAR 1849.2

APR may differ depending on the amount, maturity period and credit scoring of the customer

For more information and to contact you, please click here

Contact Us

Albilad WhatsApp

Immediately reach us through Albilad WhatsApp and get things done faster with no hassle.

Message Us

Albilad Phone

To call Bank Albilad from Saudi Arabia: 8001230000, and from outside the Saudi Arabia: 00966920001002

8001230000

Our Branches

Find the nearest Albilad branch or ATM to you. Get step-by-step directions and estimated time of arrival.

Find Us

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).

Digital Personal Finance