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Hi,

I can't provide full answer but let me write whatever information I have.

Loan is calculated on some algorithm includong your financial rating, your EOS benefits and you current salary package. I believe if your total salary package is around 10000, job duration is around 4-5 years old, outstanding financial rating, no credit cards existing, not paying any monthly installments, etc., you should get 100K + Riyals from most banks. A key thing is your final monthly loan installment including all other monthly installments (if any) should never cross 30%-35% of your monthly package. Its a SAMA (Saudi Arabian Monetory Agency) rule that all financial companies have to follow strictly. So the higher the number of years you spread your loan, the higher amount of loan you can get.

Regarding the loan percentage, I have not the latest information but a few months earlier SABB was providing less than 2%. Samba is more on higher side; 3.5%+. You can check with Inma Bank as well. Sometime ago they were providing low percentage as well.

No idea about Alrajhi bank.

One point I missed earlier. All loan amounts and percentage above is if you have salary deposited by employer in the same bank. If its not; all above changes drastically even if you can get loans from them.

The best place to know more details and compare is to visit

Thanks all..

If your company is in a contract with a bank here, you can get a much less interest. So, check with your HR first.

Saudi Holandi are offering loans at 1.5 %