Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
SABB - Home Finance SABB - Home Finance Minimum Salary: SAR 5,000 Salary Transfer: Yes Early Settlement Fees: Yes Maximum Term: 25 Years Flat Rate: 2.65% Reducing Rate: 5.0%
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Housing has remained one of the most important needs and with population growth, the demand for housing has increased significantly.

At SABB, we understand that buying a house is one of the most important decisions in a customer’s life. We also know that while most people dream of owning a perfect home, achieving that goal can be quite a challenge, especially when it comes to arranging the financing required to making such an expensive purchase. 

Look no further, you can now fulfill this dream with SABB’s Home Finance solutions.

SABB provides you with multiple options to help you own your dream home with easy financing solutions featuring competitive profit rates and high quality customer service


  • The applicant should be a Saudi national
  • Applicant’s age at the time of finance should not be less than 21 years and not to exceed 65 years upon expiry of finance period
  • Length of service for the applicant with current employer should be for at least 3 months
  • Minimum Basic Salary is not less than SAR 5,000/-. For Joint applicants each applicant should have minimum basic salary of SAR 3,000/-
  • Salary should be assigned/transferred to your account with SABB
  • The property should be situated within the Kingdom of Saudi Arabia

  • Fully Shariah compliant Products
  • Wide range of products to meet various customer needs
  • Competitive profit rates
  • Finance up to SAR 5,000,000
  • Finance period up to 25 years
  • Joint finance is available for immediate relatives
  • Exemption of remaining finance amount in the event of death or permanent disability of the borrower (God forbid)
  • Quick approval and easy process
Documents Required
  • Copy of the applicant’s valid ID duly signed
  • Property/land location's form
  • Sale contract
  • Copy of the title deed
  • Copy of building construction licence OR electricity meter licence
  • Land split letter from notary public (as appropriate – if the land has been sub-divided)
  • Copies of property owner’s and witnesses' IDs
  • Salary introduction letter less than one month old
  • Salary assignment letter (signed by authorised signatory)
  • Drawings, specifications and designs approved from the city municipality in A4 size (only for Home Construction Finance application)
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator
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