meem Personal Finance with no salary transfer is available to Saudi nationals only at this time.
Yes, all meem products are 100% Shariah compliant. For more information call 8001166336
Last update on 11/5/2024
meem Personal Finance just got easier with Personal Finance available with no salary transfer required!
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Shariah Compliant
100% digital product
e-Promissory and e-Signature validation available
Financing up to SAR 500,000
Automated and quick process to ensure fast disbursement of finance
Competitive profit rates
Flexible repayment period up to 60 months
| Product | Personal Finance – No Salary Transfer (PF) |
|---|---|
Nationality |
Saudi |
|
Salary Credited in meem by GIB |
Optional |
|
OnePack a/c held |
Yes |
|
Minimum age at commencement (Years-G) |
25 |
|
Maximum Age at maturity (Years-G) |
60 |
|
Minimum salary (SAR) |
SAR 10,000 (15,000 for military sector) |
|
Minimum current employment period |
12 Months |
|
Maximum Finance Amount (SAR) |
500,000 SAR |
|
Maximum tenor for loans (months) |
60 |
Management fees with VAT
Monthly installment amount
Annual Percentage Rate
Maturity in months
Finance amount
4335.5 SAR
8482.5 SAR
13.93%
60 months
377,000 SAR
The above table is an example and the Annual Percentage Rate (APR) may vary according to the amount, maturity period and credit score of each customer.
Yes, all meem products are 100% Shariah compliant. For more information call 8001166336
No, our aim is to make your life easier. With meem, you can apply and receive your finance digitally through our app
We offer 24-hour disbursement if all customer documentation is submitted and complete.
Starting profit rates and annual profit rate (APR), will differ if you opt for Personal Finance with no salary transfer. Please call us on 8001166336 for more information.
N.B. Final offers for any Personal Finance of any kind is dependent on assessment of customer’s application and subject to the Bank’s assessment criteria.
Minimum salary for non-military sector employees is SAR 10,000 and SAR 15,000 for customers employed in the military sector.
meem Personal Finance with no salary transfer is available to Saudi nationals only at this time.
Note: This calculation is approximate and not final
There is no hidden cost or surprises. With our real time calculator you can know all you need about the plan you have chosen.
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Gulf International Bank - Saudi Arabia, a Saudi Closed Joint Stock company with a capital of SAR (7,500,000,000), Commercial Registration No. (2052001920), Unified Number (7001399042), P.O. Box 93, Al Khobar 31952, Kingdom of Saudi Arabia, Telephone +966 13 866 4000, National Address: 5515 Cooperative Council Road - Al Khuzama Area, Unit No. 54, Al Khobar 34721-8208, Website: https://www.gib.com/ksa/en, Licensed with number: (2007) and it is under the supervision and control of The Saudi Central Bank.
