Prices of Financing and Savings Products

Individuals Financing

Smart Loans

Loan / Finance Amount

Maturity in Years

APR

Monthly Payment Amount

95,000.00

5

29.96%

2824

50,000.00

3

30.53%

2005

20,000.00

1

60.65%

2076

 

FIRST TIME CONTRACT FOR NAYI

Loan / Finance Amount

Maturity in Years

APR

Monthly Payment Amount

135,000.00

5

26.82%

3817

70,000.00

4

27.18%

2249

30,000.00

2

46.51%

1777

 

SME Financing

SME Loan

Product

Loan / Finance Amount

Maturity in Years

APR

Monthly Payment Amount

Administrative Fees

Min & Max Limit of Administrative Fees

Monthly

1,000,000

5

20.73%

25,417

2%

1-6%

Monthly

3,000,000

3

22.20%

109,584

2%

1-6%

Monthly

5,000,000

1

24.22%

458,334

2%

1-6%

Monthly

500,000

4

25%

14,942

6%

1-6%

 

SME Loan

Product

Loan / Finance Amount

Maturity in Years

APR

Quarterly Payment Amount

Administrative Fees

Min & Max Limit of Administrative Fees

Quarterly

1,000,000

5

21.7%

77,500

3%

1-6%

Quarterly

3,000,000

4

21.03%

266,250

2%

1-6%

Quarterly

5,000,000

2

22.25%

756,250

2%

1-6%

Quarterly

500,000

2

25%

54,930

6%

1-6%

 

SME Loan

Product Loan / Finance Amount Maturity in Years APR Semi-annually Payment Amount Administrative Fees Min & Max Limit of Administrative Fees

Semi-annually

1,000,000

5

20.64%

155,000

2.5%

1-6%

Semi-annually

3,000,000

3

21.14%

655,000

4%

1-6%

Semi-annually

5,000,000

2

22.48%

1,537,500

3%

1-6%

Semi-annually

500,000

2

24.96%

92.125

6%

1-6%

Credit Card Financing

Nayifat Rewards Card

Months Until Balance Repaid Minimum Repayment Amount % age Credit Card Purchase Rate APR
61 5% 35.88% 43.17%

 

Nayifat Gold Card

Months Until Balance Repaid

Minimum Repayment Amount % age

Credit Card Purchase Rate

APR

61 5% 35.88% 43.37%

if you have an outstanding balance of SAR 7,000 and you choose to pay only the minimum due or SR 200 whichever is higher, it will take 61 months to settle the balance in full.

Cards Fees (SR)

Card Type Annual Fee Supplementary Card Fees Replacement Fees Cash Withdrawal Fee International Transactions Fees
Visa Gold 350 100 75

75

2.75% from the transaction amount
Visa Rewards 250 100 75

75

2.75% from the transaction amount
Visa Classic (Low Limit) 60 60 75

40

1.50% from the transaction amount

The tables and prices mentioned, for example, as the prices are subject to change for some customers in the event of influencing factors such as the consumer’s credit record.

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