Ejarah for Small Enterprises
Last updated: 14/09/2021
| Product | APR | Admin fees(excluding VAT) | Min or Max Administrative fee |
|---|---|---|---|
| Ejarah | 9.31% – 13.50% | 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 | 31,944 SR | 9.31% | 5.0% | 36 months | 6,000 SR |
Example (B)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees(excluding VAT) |
|---|---|---|---|---|---|
| 1,000,000 SR | 33,935 SR | 13.50% | 7.39% | 36 months | 11,000 SR |
Example (C)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees(excluding VAT) |
|---|---|---|---|---|---|
| 2,500,000 SR | 79,860 SR | 9.31% | 5.00% | 36 months | 13,500 SR |
Example (D)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees(excluding VAT) |
|---|---|---|---|---|---|
| 2,500,000 SR | 84,837 SR | 13.50% | 7.39% | 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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