About to Retire Customers
If you are about to retire, get your personal finance with us for up to 60 months.
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Product Example
| Financing Amount | Maturity In Years | APR | Monthly Installment Amount |
|---|---|---|---|
| SAR 150,000 | 5 | 6.43 % | SAR 2,884 |
Product Terms and Requirements:
Nationality
That the customer is (citizen or resident) on the job or retired.
Employer
That the customer is an employee of one of the approved employers within the bank.
Minimum Age:
- Civil sector: The minimum period of service is 20 yearsCivil sector: The minimum period of service is 20 years
- Military sector: The minimum period of service is 17 years
- GOSI: The minimum period of service is 25 years
Minimum Salary:
- 3000 riyals
Customer Age:
The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)
Required Documents:
- National identity card
- Salary definition
- Salary fixation
- Financing application form
