Yes, you will be charged interest as well as processing fees and this will vary from bank to bank and depend on your total.
Interest Paid | ||||||
Bank/ Months | 3 | 6 | 9 | 12 | 18 | 24 |
Bank AlJazira | 0% | 1.50% | 1.20% | 1.00% | ||
ENBD | 1.50% | 1.50% | 1.50% | 1.50% | ||
Riyad bank | 0.50% | 0.75% | 1.00% | |||
SABB | 0% | 0% | 24% | |||
Saudi Investment Bank | 0% | 0% | 0% | |||
Alawwal Bank | 0% | 0% | 24% |
Processing Fee | ||||||
Bank/ Months | 3 | 6 | 9 | 12 | 18 | 24 |
Bank AlJazira | SAR 50 | SAR 50 | SAR 50 | SAR 50 | ||
ENBD | ||||||
Riyad bank | SAR 50 | SAR 50 | SAR 50 | |||
Dubai First | 103.95 SAR | 208.95 SAR | SAR 52.5 | |||
Mawarid Finance | 1% | 2% | 2% | |||
RAK | 103.95 SAR | 208.95 SAR | SAR 52.5 |
Please note that the full amount will be charged on your card on the day of the transaction.