Finance Product Prices
Prices of Emkan Finance Programs
Date of last pricing update : 02/06/2023
Microfinance
Our microfinance service delivers urgent, crucial finance solutions to Saudi nationals through a robust lending solution.
Finance Type
Annual Percentage Rate (APR)
Microfinance
Starting from 44.04%
Examples of flexible finance
Tenor
Finance Cost*
Monthly Instalment
Finance amount 30,000
12 months
44.04%
3250
Finance amount 25,000
18 months
43.09%
1805.56
Finance amount 50,000
24 months
42.08%
2916.67
Important notes :
- * Finance cost may vary depending on finance amount, term and credit score of every customer.
- * Numbers are for illustrative purposes only, and don’t constitute a binding offer form the company.
Top-Up Finance
Customers who have existing finance can easily obtain Top-up Finance subject to certain conditions and benefits.
Financing By Salary
Salary
Annual Percentage Rate (APR)
Salary less than 10,000
Starting from 19.69 %
Salary between 10,000 - 15,000
Starting from 17.62 %
Salary between 15,000 - 25,000
Starting from 11.54 %
Salary more than 25,000
Starting from 10.86 %
Examples of Top-up Finance
Tenor
Finance Cost *
Monthly installment
Salary less than 10,000
Finance amount 30,000
12 months
19.69%
2,724.75
Salary between 10,000 - 15,000
Finance amount 30,000
36 months
16.30%
1,033.08
Salary between 15,000 - 25,000
Finance amount 50,000
48 months
10.17%
1,249.58
Salary more than 25,000
Finance amount 100,000
60 months
9.34%
2,054.17
#
Transactions Amount
Agency Fee per Commodity Instruction
1
Up to 20,000
SAR 500
2
From 20,001 to 40,000
SAR 600
3
From 40,001 to 60,000
SAR 700
4
From 60,001 to 80,000
SAR 800
5
From 80,001 to 100,000
SAR 1000
6
Above 100,001
SAR 1200
Important notes :
- * Finance cost may vary depending on finance amount, term and credit score of every customer.
- * Numbers are for illustrative purposes only, and don’t constitute a binding offer form the company.