The new Ahli Bank offers are diverse, and help to meet the needs of the subscribers of the bank in a manner compatible with the provisions of Islamic Sharia, and also give them banking services in a distinguished way, and simplified banking solutions, so through Money Makers we will show you the new National Bank offers, and we will provide you with all the information you need about This subject.
Ahli Bank's new offers 2022
The National Commercial Bank was established in the Kingdom of Saudi Arabia in 1953, and it became one of the largest banks within it in the activities of the financial markets. It is the first Saudi bank to provide its services by the provisions of Islamic Sharia.
Where the National Bank sought to satisfy its customers and provide everything new; To facilitate financial transactions, and encourage them to save and invest, it provided them with many benefits and banking services, some of which were exempted from administrative fees.
The bank was not limited to this matter, but also launched the new National Commercial Bank offers campaign, which aims to meet the aspirations and needs of its customers, as below we will inform you about the financing offers of the National Commercial Bank:
First: the offer of the private lease financing
This offer is a banking service that was provided by the National Commercial Bank by the provisions of Islamic Sharia, as this offer was built based on the lease contract, by submitting the customer a rental request for a specific car, then the bank buys it, and then leases it to him for a known fee and for a certain period.
In addition, the bank offers the easiest banking procedures around this offer, by giving the customer high flexibility in distributing installments according to his monthly salary, and providing him with comprehensive insurance service. In addition, this offer has many advantages, which we will explain in the following:
- Funding is carried out by Islamic Sharia regulations.
- The minimum salary for the applicant on the offer is 2500 SAR.
- The bank supports financing with this offer for Saudis, as well as residents of the Kingdom of Saudi Arabia.
- The rental offer does not require the presence of a debtor guarantor.
- This offer is characterized by the speed of completion of its procedures.
- The customer is not required to transfer the salary.
- The monthly rent is easy, and it lasts up to 5 years, including insurance service during the rental period.
Documents required in the rental offer
Participation in this offer includes submitting a set of documents, which include the following:
- Provide the price of the car that the customer wants to rent.
- A copy of a valid national identity card, as well as the presentation of the original ID.
- A letter from the employer.
- A copy of a valid license.
- For institutional owners, they submit an account statement for the last six months issued by Al-Ahly Bank.
- The original social insurance letter for the pensioner.
Second: The personal offer of financing from Al-Ahly Bank
This offer is characterized by a competitive rate that starts from 2.79% and is without administrative fees, and this offer is made by granting a loan to the customer of up to one and a half million, with a salary transfer guarantee, or a guarantee of transferring an end-of-service gratuity, and the term of this loan is up to 10 years.
It is worth noting that Al Ahli Bank seeks to get the customer to obtain cash in a manner that is compatible with Islamic Sharia regulations, by giving him the offer of Al Ahli Personal Finance within the list of Al Ahli Bank's new offers.
The aim of this offer is to help the customer use the money whenever he wants, whether to renovate his house, plan a vacation, or complete the education of his children. This offer includes many advantages that we will explain in the following:
- Repayment for a period of up to five years.
- The possibility of the customer obtaining additional or complementary financing.
- Transfer of debt from other banks.
- Insurance for the client in the event of his death or disability.
Side offers in personal finance
In the following points, we will show you the types of AlAhli Personal Finance offer, and its advantages:
- Supplementary Finance: This offer is obtained by the customer after he pays about 20% of the personal-finance that he obtained in the beginning. It is considered an additional loan over the basic loan.
- Financing in local goods: This offer works on the principle of profitability, through the customer buying goods from the bank, then reselling them in the markets, and obtaining a small profit margin.
- Financing through the transfer program: Through this offer, Al Ahli Bank receives the customer’s debts with other banks and pays them instead, provided that the customer pays them at the previously agreed-upon profit margin.
- Financing with local shares: where the bank buys and owns shares, then sells them to its customers on credit, based on cost, then the customer has the right to dispose of those shares and sell them again and collect their value to his account.
Conditions for obtaining the AlAhli Personal Finance offer
For the customer to obtain this offer easily, some conditions must be met, which we will clarify in the following points:
- That the person works in government institutions inside the Kingdom of Saudi Arabia, or be a worker in a private institution, provided that it is an approved institution.
- The salary of the client must not be less than 3000 Saudi riyals, if he is a Saudi national, with the necessity of continuing his work for at least one month.
- As for the foreign applicant who received the offer from the bank, his salary must not be less than 4,000 Saudi riyals, and his work must not be less than three months at least.
- A Saudi applicant must be at least 18 years old, while a foreign resident in Saudi Arabia must be at least 22 years old.
Required official documents
The customer must submit the following documents in case he wishes to obtain a personal finance offer:
- A copy of a valid personal identity card.
- A copy of the residence permit for non-Saudis.
- A letter from the employer stating the type and date of the job, as well as the monthly salary.
Third: Mortgage offer
To complement the new Al-Ahly Bank offers, we present to you the Al-Ahly Real Estate Finance offers, where this offer is obtained without administrative fees and at a competitive annual rate of up to 5.21%.
The bank’s goal through this offer is to provide a customized product that simulates the aspirations and dreams of customers to obtain their dream home, by providing them with real estate financing, which includes a set of advantages as we will explain in the following:
- All advanced real estate financing solutions from the National Commercial Bank are in compliance with the provisions of Islamic Sharia.
- Exemption from all administrative fees for supplementary financing with this offer.
- The ease of the procedures for this offer, which does not require a visit to the branch. You can apply for it by visiting the official website of the bank.
- The customer may obtain financing of up to 7 million Saudi riyals.
- The amount of financing on the first house is up to 90%, while the financing of the second house is up to 70%.
- Financing with a fixed profit margin, which is why it is a flexible offer.
Mortgage finance terms and requirements
To apply for this special offer within the list of the new Ahli Bank offers, the following must be available:
- The age of the applicant should be between 20 to 60 years, and not less or more.
- To hold Saudi citizenship.
- The needs to have a monthly income of at least 3000 Saudi riyals; This is to ensure his ability to repay the mortgage loan.
- The customer must be an employee without interruption, for at least one month.
- Provide a down payment of 10% to 30% of the financing, according to the client's sector.
Fourth: Show credit cards
Through this offer, the National Commercial Bank allowed its customers who applied for an AlAhli credit card to enjoy exemption from annual fees for the first year of it, as well as allowing them to transfer any purchase of 750 riyals or more through the annual payment program, and one of the most important advantages of this offer, the following:
- An annual percentage rate of 0% is applied to all purchases, which include an installment period of 3 or 6 months.
- The monthly entitlement for the transaction transferred to installments is only 5%.
- The minimum transaction amount with a credit card is 750 riyals.
- The maximum amount of installments is equivalent to 4 transactions at one time.
- All installments transactions are made through AlAhliOnline or AlAhliMobile, without the need to connect to the Internet.