National Finance Home Company offers a financing product, where we purchase a legally permissible commodity (such as cars, furniture, or electrical and electronic devices) at the client's request. We then sell the item to the client with its ownership transferred, at a deferred price that includes a profit margin paid through convenient installments. This product has been approved by the Shariah Committee.
Program Key Highlights
- Finance up to 300,000 Riyals.
- No salary transfer is required.
- Repayment period of up to 60 months.
- No guarantor required.
- Financing is for both Saudis and residents.
- Competitive profit margin.
- Ease of procedures and speed of implementation.
- Financing for self-employed individuals available.
- Early settlement option.
General Conditions
Minimum salary:
- 4,000 Riyals
Employment period:
- Government sector: 1 month
- Semi-government sector: 3 months
- Private sector: 6 months
Age:
- Minimum: 21 years
- Maximum: 65 years
Required Documents
Copy of national ID or Iqama.
Salary certificate or GOSI certificate.
Original bank statement for the last 3 salaries.