Personal loans in Riyadh

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vamsipenu Active member

Member since 03 June 2013

vamsipenuActive member14 November 2013 15:28:12

Dear friends

can any one suggest me the bank to open a savings account that provides credit card and personal loan with low interest rates
for exparaites

Kymadoce Serial expat

Member since 24 May 2012

KymadoceSerial expat14 November 2013 17:14:36

296

well typically ppl look for cheaper and easier bank from where they can transfer funds.... the loans rates will not really vary too much across banks until you are an employee of a big firm like aramco which has special deals... check with ur admin or HR if they have any deals with any particular bank...

TheLegendLeads ViP

Member since 06 April 2010

"The cure for boredom is curiosity. There is no cure for curiosity." -- Dorothy Parker

TheLegendLeadsViP14 November 2013 18:57:34

5763

Kymadoce wrote:
check with ur admin or HR if they have any deals with any particular bank...

This is an important statement. Not to be overlooked

SABB has always been known as a good bank who fulfils requirements like yours in a cool way.

My favorite bank based on experience is Alinma Bank. The most impressive customer service I have ever experienced in KSA.

NCB has grown good. Can be considered.

Other users to share their experience about other banks

vamsipenu Active member

Member since 03 June 2013

vamsipenuActive member15 November 2013 05:12:30

I heard that many banks will not give personal loans for exparaites?
please advise me

TheLegendLeads ViP

Member since 06 April 2010

"The cure for boredom is curiosity. There is no cure for curiosity." -- Dorothy Parker

TheLegendLeadsViP15 November 2013 06:41:06

5763

vamsipenu wrote:
I heard that many banks will not give personal loans for exparaites?
please advise me

Who told you that?

vamsipenu Active member

Member since 03 June 2013

vamsipenuActive member15 November 2013 09:16:13

please suggest me that can we go on vacation once we take personal loan?

TheLegendLeads ViP

Member since 06 April 2010

"The cure for boredom is curiosity. There is no cure for curiosity." -- Dorothy Parker

TheLegendLeadsViP15 November 2013 09:17:42

5763

Yes you can

Lion R.E Serial expat

Member since 16 July 2012

Lion R.ESerial expat15 November 2013 10:56:04

241

Hi

Samba bank give personal loans without interest but limited amount I think up to 25k. one of my colleagues has taken it.
He said their conditions was acceptable.

xubair Member

Member since 13 September 2012

xubairMember15 November 2013 13:41:20

TheLegendLeads wrote:
Kymadoce wrote:
check with ur admin or HR if they have any deals with any particular bank...

This is an important statement. Not to be overlooked

SABB has always been known as a good bank who fulfils requirements like yours in a cool way.

My favorite bank based on experience is Alinma Bank. The most impressive customer service I have ever experienced in KSA.

NCB has grown good. Can be considered.

Other users to share their experience about other banks

Alinma doesn't have a big branch network but considering the fact that majority of the people now a days depend more on online/phone banking, it doesn't make much difference. My personal favorite in Saudi has been SABB though. Just saying.

Kymadoce Serial expat

Member since 24 May 2012

KymadoceSerial expat15 November 2013 17:09:34

#10

296

@vamsipenu you should be able to get card & loans from most of the banks if ur employer is well recognized firm....best is to take loan from the bank where your salary gets deposited...tht is the easiest way, less documentation , better rates as well...you can travel any where and as many times as u like while having a loan ...only during final exit u r supposed to clear all the loans & cards...

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