Prices of Financing and Savings Products

Fiduciary Advice

 

To maintain a good credit record, please note the following points:

  1. It is important to commit to the full, on-time payment of all due installments amounts. 
  2. Holding multiple credit cards can lead to financial difficulties if spending is not carefully monitored, resulting in missed card payments. 
  3. Disclosure of your financial obligations helps in proper financial planning and scheduling of required payments. 

 

Last update on 27-07-2021

Personal Financing

Monthly Installment

Loan amount

Profit Rate (APR)

Financing Period

Product

SR 800

SR 36,711

3.00%

4 years

Stock - Auto

SR 900

SR 40,758

4.00%

5 years

Stock - Auto

SR 1000

SR 45,972

3.61%

5 years

Stock - Auto

*Any information or rates mentioned are for example only. All financial product and service delivery is subject to the credit policies of Alinma Bank.

 

Commodities Personal Financing additional fees

Finance Amount

Broker Fees

Less than 20,000

500 SAR

20,000 – 39,999

600 SAR

40,000 – 59,999

700 SAR

60,000 – 79,999

800 SAR

80,000 – 99,999

1000 SAR

More than 100,000

1,200 SAR

 

Real Estate Financing (Murabha) - Directly Via Alinma Bank

Early Repayment

Monthly Installment

Principal + Bank Profit

Financing Period

Profit Rate (APR)

Fixed/Variable APR

Bank Profit Margin

Principal

Remainder of the financed amount + profit for the next three months

SAR 2,996

SAR 898,872

25 years

5.49%

Fixed

80%

SAR 500,000

Remainder of the financed amount + profit for the next three months

SAR 5,633

SAR 879,689,1

25 years

5.44%

Fixed

80%

SAR 940,736

Remainder of the financed amount + profit for the next three months

SAR 5,516

SAR 661,903

10 years

4.9%

Fixed

25%

SAR 530,638

*Any information or rates mentioned are for example only. All financial product and service delivery is subject to the credit policies of Alinma Bank.

 

Real Estate Financing (Murabha) - Ministry of Housing & REDF

Early Repayment

Monthly Installment

Principal + Bank Profit

Financing Period

Profit Rate (APR)

Fixed/Variable APR

Bank Profit Margin

Principal

Remainder of the financed amount + profit for the next three months

SAR 2,703

SAR 810,927

25 years

4.41%

Fixed

62%

SAR 500,000

Remainder of the financed amount + profit for the next three months

SAR 5,081

SAR 1,524,546

25 years

4.37%

Fixed

62%

SAR 1,111,779

Remainder of the financed amount + profit for the next three months

SAR 5,291

SAR 634,891

10 years

3.97%

Fixed

26%

SAR 627,118

*Any information or rates mentioned are for example only. All financial product and service delivery is subject to the credit policies of Alinma Bank.

 

Saving Account

Minimum Account Balance (Minimum balance package)

Maturity in Month

AER

Number of Withdrawals Permitted in the Month

SR 5000

One Month

0.39%/Year

Open

SR 50000

One Month

0.55%/Year

Open

SR 100000

One Month

0.77%/Year

Open

 

Minimum Account Balance (daily balance package)

Maturity in Month

AER

Number of Withdrawals Permitted in the Month

SR 25000

One Month

0.40%/Year

Open

 

Examples of savings account packages (lowest balance)

Notes

The value of the monthly return(SR)

AER

Lowest balance during the month

There is no return as the account balance is less than the minimum eligible to participate in any of the savings account packages

0

0%

3000 SAR

The balance is greater than 5000 riyals and less than 50,000 riyals, and therefore the return of the first package is 0.39%

2.275

0.39%

7000 SAR

The balance is greater than 50,000 riyals and less than 100,000 riyals, and therefore the return of the second package is 0.55%

27.50

0.55%

60000 SAR

The balance is greater than 100,000 riyals, and therefore the return of the third package is 0.77%

3208.33

0.77%

5,000,000 SAR

 

Example of savings account package (daily balance)

Notes

The value of the monthly return(SR)

AER

balance during the month

There is no return as the account balance is less than the minimum eligible to participate in any of the savings account packages

0

0%

7000 riyals for a whole month

The balance is greater than 25,000 riyals, and therefore a return of 0.32% annually is paid for the days when the balance is available only

6.66

0.40%

riyals for 20 days a month 30,000

The balance is greater than 25,000 riyals, and therefore a return of 0.32% annually is paid for the days when the balance is available only

10

0.40%

riyals for a whole month30,000

 

The cards fees

Card type

New issue fee

The additional card fees

Replacement fees

International internet transactions fees

Annual fees

mada classic

0 SR

0 SR

30 SR

2.2% from the transaction amount

0 SR

mada gold

0 SR

0 SR

30 SR

2.2% from the transaction amount

0 SR

mada platinum

0 SR

0 SR

30 SR

2.2% from the transaction amount

0 SR

mada signature

0 SR

0 SR

30 SR

2.2% from the transaction amount

0 SR

mada infinite

0 SR

0 SR

30 SR

2.2% from the transaction amount

0 SR

visa Classic (charge card)

250 SR

100 SR

50 SR

1.15% from the transaction amount

250 SR

Visa gold (charge card)

250 SR

100 SR

50 SR

1.15% from the transaction amount

250 SR

Visa Platinum (charge card)

250 SR

100 SR

50 SR

1.15% from the transaction amount

250 SR

Visa Signature (charge card)

250 SR

100 SR

50 SR

1.15% from the transaction amount

250 SR

Visa infinite (charge card)

250 SR

100 SR

50 SR

1.15% from the transaction amount

250 SR

Alinma platinum Credit Card

100 SR

100 SR

50 SR

2.7% from the transaction amount

100 SR

Alinma signature Credit Card

250 SR

250 SR

50 SR

2.7% from the transaction amount

250 SR

Alinma infinite Credit Card

300 SR

300 SR

50 SR

2.7% from the transaction amount

300 SR

Purchase credit card

100 SR

N/A

50 SR

2.2% from the transaction amount

100 SR

Traveler card

75 SR

N/A

50 SR

Transactions preformed on one of the card’s currencies and the amount was not sufficient in the relevant wallet, so a fee of 1% from the transaction amount will apply. Transactions performed on a currency other than the card’s currencies, a fee of 2% from the transaction amount will apply.

75 SR

Corporate gold

0 SR

N/A

30 SR

2.2% from the transaction amount

0 SR

Corporate platinum

0 SR

N/A

30 SR

2.2% from the transaction amount

0 SR

House workers prepaid card

60 SR

N/A

50 SR

2.2% from the transaction amount

60 SR

Corporate payroll card

54 SR up to a maximum of 90 SR

N/A

50 SR

2.2% from the transaction amount

50 SR

Business expenses card

90 SR

N/A

50 SR

2.2% from the transaction amount

90 SR

 

Annual Percentage Rate (APR) as per Credit Limit of the Card

Default Credit Limit

Annual Percentage Rate

Minimum Payment

Number of Months until Settlement of Outstanding Balance *

Platinum SAR 10,000

28.15%

5% or SAR 100 , whichever is higher

75 months

Signature SAR 20,000

28.87%

5% or SAR 100 , whichever is higher

96 months>

*In the event of using the entire credit limit and paying the minimum amount of each month without reusing the paid amounts, the settlement of the entire indebtedness will take the number of months shown in the table, taking into account the profit rate added each month.

 

Product

Profit Rate

Financing Period

Administration Fees

Financing Limits

Medium-sized Enterprise Financing

From 5% up to 7% annually fixed rate

Up to(84 Months)

From 1.5% up to 3%

Up to 18,750,000 SAR (Eighteen million, seven hundred and fifty thousand riyals)

Micro and Small -sized Enterprise Financing

From 6% up to 8% annually fixed rate

Up to(84 Months)

From 1.5% up to 3%

Up to 6,250,000 SAR (Six million, two hundred and fifty thousand riyals)

Point of Sales Financing (POS-MADA)

From 10% up to 16% APR

(60 Months)

From 2% up to 3%

Min 500,000 SAR (Five hundred riyals)

Max 5,000,000, SAR (Five million riyals)

*Any information or rates mentioned are for example only. All financial product and service delivery is subject to the credit policies of Alinma Bank.










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