The Shariah compliant Local Al Tawaroq Al Mubarak Finance offers you the cash liquidity you need with comfort and peace of mind through the following process :

• The customer buys a local commodity that is owned by arab national bank
• The customer has the right to receive commodity ownership certificate after the purchase, and to obtain the commodity or to sell it personally or by assigning Abdulatif and Mohammed Al Fuzan Company (the approved agent by the bank) to sell it on his behalf during the validity of the certificate

Local Al Tawaroq Al Mubarak Finance Features

• Maximum finance amount
• Special profit rate
• Application processing in 48 hours
• Tenor period up to 60 months
• Refinance after settling 15% of the original finance amount
• Relief of heirs from remaining due monthly installments of the tenor in case of death; God forbid

Eligibility for Local Al Tawaroq Al Mubarak Finance

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

To apply for the finance

Please provide the following :

• A letter of introduction from employer specifying salary details, current position and the service period
• "SARIE " salary assignment letter from the employer
• Copy of a valid Saudi ID / Iqama

For more information, please visit the nearest arab national bank branch or call anb Phone Banking 800 124 4141

• Bank’s terms and conditions apply on finance .

APR depends upon the tenor and starts from 0.93% for 1 year at SR. 600 management fees, and 4.27% for 5 years at SR. 1,500