Installments

Installments

Experience the ultimate financial flexibility with 0% profit margin and transform your purchases into easy installments using your credit card or Alinma Al Fursan credit card. Choose from a range of convenient plans spanning 3, 6 months, starting with a manageable 5% down payment, and the remaining balance will be effortlessly settled in after the end of the installment period.

Terms & conditions
  • Offer is valid from February 22 to 29, 2024.
  • The installment plan is applicable to Alinma credit cards and Alfursan Credit Cards.
  • The available credit limit can be utilized to secure an installment plan.
  • Minimum installments are set at SAR 1,000.
  • The merchant bears sole responsibility for all obligations and liabilities arising from the provision of goods or services, or for any defects or damages. The bank assumes no liability in this regard.
  • Customers are obligated to fulfill the installment period as per the agreement established between the customer and the bank. Customers retain the right to cancel the service during the plan period and request early settlement.
  • The installment period cannot be modified to a different timeframe once the plan selection is finalized.
  • Each customer is eligible for a maximum of Four simultaneous installment plans.
  • A monthly charge of 5% of the installment transaction value is added to the card's liabilities, with the remaining balance being added to the card's liabilities in the final month.
  • Repayment periods span 3, 6 months.

 

 Installment method: Request to pay installments for your purchase via the call center: 920028000 Clarifying the repayment mechanism during the installment periodThe minimum card repayment is only 5% of the due amount or 100 riyals (whichever is higher) during the installment period. Or the customer chooses to pay 100% full payment An example of a 3-month installment service with an annual percentage rate of 0% for a purchase of SAR 3,000 when using the Alinma credit card or Alfursan Credit Card 

4th month payment

3rd month payment

2nd month payment

1st month payment

Purchase amount
SAR 3,000

-

150 SAR

150 SAR

150 SAR

5% Minimum due at 0% percentage rate

make a full payment of SAR 2,550, in addition to any additional customer-claimed dues.

SAR 2,550

SAR 2,700

SAR 2,850

Remaining amount

Depends on Card type

0%

0%

0%

Annual Percentage Rate - Monthly