

Easy & Simple
Easy & Simple Requirements
Our loan application requirements are easy and simple, requiring only essential documents and a straightforward online form.
Less Documents Required
The required documents for our loan application are incredibly simple, needing only a salary certificate and a credit report.
Financing For All Your Needs
Financing for everything you need without a guarantor and without salary transfer, for travel and enjoyment, to furnish your home, to buy a car, to pay off debt, and any circumstance you need.


Requirements
Loan Application Requirements
• The employee must be currently employed in a government, military, retiree, or private sector organization.
• The salary must not be less than 3,900 Riyals for employees in all sectors (government / semi-government / military / retiree / private sector).
• The employee's age must be no less than 21 years and no more than 65 years, and the retiree's age must not exceed 68 years.
• The duration of service must not be less than 3 months for all sectors (government / semi-government / military), and 6 months for the private sector.
• A good credit record without defaults; exceptions can be made for closed defaults or resolved legal issues for private sector
Required Documents for Financing
• A copy of the salary certificate.
• Credit report.
Required Fees for Financing

Annual Return
The highest annual return rate on the borrowed amount is 15%, calculated on the principal value of the borrowed amount.

Loan Amount
The minimum loan amount is 10,000 Saudi Riyals and the maximum loan amount is 1,000,000 Saudi Riyals.

Administrative Fees
The administrative fee is 1% of the loan amount.

Repayment Period
The minimum repayment period is one year and the maximum period is five years.
Financing solutions are easier with Al-Fajeer
