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Personal loans in Riyadh

vamsipenu

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

See also

Opening a bank account in Saudi ArabiaBanking in KSADataflow payment pendingFinal exit and credit cardBank Accounts - Revolut and UK Spending / Foreign Transactions
Kymadoce

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

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

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

TheLegendLeads

vamsipenu wrote:

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


Who told you that? :)

vamsipenu

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

TheLegendLeads

Yes you can

Lion R.E

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

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.

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Kymadoce

@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...