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2nd of October 2014
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Home > Islamic > Al-Mubarak Finance
 

Reduced & Postponed

 

Personal Finance with profit margin starting from 1.39%* for 5 years including skip payment for the first 6 months

FEATURES

  • Annual profit margin starting from 1.39% for 5 years
  • Skip payment for the first 6 months
  • Maximum finance amount
  • Fast Approval
  • Refinancing
  • Shariah compliant
  • Possibility of Exempting heirs of the remaining installments in case of borrower’s death, God forbid.

Submit your Documents:
  • Letter of introduction from employer specifying salary details, current position, and number of years in service.
  • Employer approved salary assignment letter.
  • Copy of valid ID card/Iqama.

Fees

Administrative Fees SR. 1,790 for employees with salaries above SR. 3,000
Late Payment Fees SR. 75
Early Termination FeesSR. 1,250

*The annual profit margin depends on the salary, tenor and finance amount and starts from 2.71% including fees and commissions.

*ANB terms and conditions apply.

Al Mubarak Finance

It allows the customer to own/obtain the desired goods and services which are purchased by the bank then sold to the customer over installments, with a fixed profit rate known to both parties.

Eligibility

  • Employees working in the public and private sectors approved by the bank
  • All Pensioners
  • To be 18 years of age or above .

For more information, please visit the nearest Arab National Bank branch or call ANB Phone Banking 800 124 4141

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