Ejarah for Small Enterprises
Last updated: 15/11/2024
| Product | APR | Admin fees(excluding VAT) | Min or Max Administrative fee |
|---|---|---|---|
| Ejarah | 12% - 15% | 0.5% – 1% | 5,000 – 100,000 SR |
Example (A)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees(excluding VAT) |
|---|---|---|---|---|---|
| 1,000,000 SR | 33,214 SR | 12.00% | 6.52% | 36 months | 6,000 SR |
Example (B)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees(excluding VAT) |
|---|---|---|---|---|---|
| 1,000,000 SR | 34,665 SR | 15.00% | 8.26% | 36 months | 11,000 SR |
Example (C)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees(excluding VAT) |
|---|---|---|---|---|---|
| 2,500,000 SR | 83,035 SR | 12.00% | 6.52% | 36 months | 13,500 SR |
Example (D)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees(excluding VAT) |
|---|---|---|---|---|---|
| 2,500,000 SR | 86,662 SR | 15.00% | 8.26% | 36 months | 26,000 SR |
* The above tables are examples, and the APR may vary based on the amount, maturity period and credit score for each customer, exclusive insurance if applicable.
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