Expatriate can get Personal Loan in Saudi Arabia.

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Member since 08 September 2013

Sudheer KumarNew member08 April 2014 05:27:02

I am an Indian Expatriate working in a company Riyadh. all inclusive my salary is 5000 SR. Do i get personal loan ? from Banks ? which are those banks ? what are the documents ? How much loan amount for a 5 year i can get ? pls send details to us . I am from the state of Kerala. my family with two kids we are staying in Riyadh.

Thank you for the correct information.

Sudheer Kumar

stumpy Laos Expert

Member since 27 November 2009

stumpyLaos Expert08 April 2014 06:39:02

17990

Contact banks for this information.

kailashparmar Active member

Member since 23 January 2013

kailashparmarActive member08 April 2014 08:29:55

You should have at least worked for an year with your company and should be earning a minimum salary of 2000 SAR (government sector) and 4000 SAR (private sector), age limit is 21 to 60 years.

Required Documents:
Copy of valid ID
Employment letter, for the private sector, it must be stamped by the Chamber of Commerce
Salary Certificate.
Residence Proof.

I am providing a general idea, for exact details visit the bank in person, most of the banks provide personal loans to expats.

Kymadoce Serial expat

Member since 24 May 2012

KymadoceSerial expat08 April 2014 18:29:00

296

Yep thts pretty much the case.. you can approach any bank like samba, NCB, riyad, sabb etc..

kailashparmar wrote:
You should have at least worked for an year with your company and should be earning a minimum salary of 2000 SAR (government sector) and 4000 SAR (private sector), age limit is 21 to 60 years.

Required Documents:
Copy of valid ID
Employment letter, for the private sector, it must be stamped by the Chamber of Commerce
Salary Certificate.
Residence Proof.

I am providing a general idea, for exact details visit the bank in person, most of the banks provide personal loans to expats.

Sam_4 Member

Member since 23 December 2012

Sam_4Member12 April 2014 06:03:32

I think you can.
Try to contact all the banks to get the best rate.
Avoid al rajhi

True Friend Seeker Active member

Member since 27 April 2013

True Friend SeekerActive member28 April 2014 13:17:24

Sam_4 wrote:
I think you can.
Try to contact all the banks to get the best rate.
Avoid al rajhi

would strongly recommend Emirates NBD for this as they have very quick and efficient service to process the loans.

RAFEEQ4u Member

Member since 10 August 2014

RAFEEQ4uMember10 August 2014 06:40:01

sir.

i need some help. i am working as a general draftsmen in electro mechanical company since 9years.

i have so credit card loans. but its put interest rate so high i cant able to pay back all amount.

monthly minimum pay i can pay but its not useful to finish all balance amount.

so i need help for personal bank loan. but my company dont have any agreement with any bank.

i get salary by sabb bank.

i am thankful to you for your kind of help.

thanks

riazcdki Serial expat

Member since 01 May 2014

riazcdkiSerial expat10 August 2014 07:23:06

900

Hello friends,

The same topic has been under discussion in the following thread, kindly go through this:

ww.https://www.expat.com/forum/viewtopic.php?id=242332#2060395

pandykkm Member

Member since 06 February 2023

pandykkmMember06 February 2023 03:52:40

I am Indian I am working private sector my salary 2000 can I get personal loan

Yoginee ViP

Member since 11 July 2022

YogineeViP06 February 2023 08:40:51

#10

3414

Hello pandykkm,

Welcome to expat.com!

Have you tried contacting the local banks in Riyadh?

Perhaps they will be able to provide more details to you.

Cheers,

Yoginee

Expat.com team

Mark xander Durante Member

Member since 28 February 2023

Mark xander DuranteMember28 February 2023 11:12:54

#11

I want to loan but my salary is 2100 but now i think i get increaseavut 200 ral so us 2300.

How can i apply loan with installment payment??

maslam69 Member

Member since 07 September 2023

maslam69Member07 September 2023 18:22:46

#12

ENBD approving persnol financing without bank transfer salary and company bound that salary is 15k OR more and less than 15K need salary transfer but no need company bound.

mohmadzafarsharief Member

Member since 17 June 2024

mohmadzafarshariefMember17 June 2024 14:13:03

#13

Hi,

Sir i would like to apply loan, and my salary is 4000SR, please suggest me which bank is accepted for the loan based on my salary scale.

Im Indian expat, working since 1 year in Saudi Arabia

Rafa1111 Member

Member since 17 August 2024

Rafa1111Member18 August 2024 19:04:12

#14

@Sam_4 Could you please explain why you don't recommend Al Rajhi? I'm curious. Thank you very much.

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