Saudi National Bank
Jeddah, Saudi Arabia
https://www.snb.ae
Saudi National Bank
Branches
The Saudi National Bank - Dubai Branch
Ground Floor, Emaar Square, Building 2 - Downtown Dubai - Dubai
The Saudi National Bank - Abu Dhabi Branch
Al Mansoor Tower - Sheikh Zayed Bin Sultan St - Al Zahiyah - E16 - Abu Dhabi
Personal
Deposits
Minimum Deposit:
AED 0.00
Tenure:
30 - 365 days
Interest Rate:
Varies
Payment Frequency:
On Maturity
Early Withdrawal Penalty:
Premature withdrawal is subject to a lower interest rate and a withdrawal fee. Rate is recalculated based on the actual tenor crossed, with a 1% deduction.
Islamic Deposit:
No
Features:
Available for all current and savings account holders. Customers can choose from standard tenures of 1, 3, 6, and 12 months or request a specific tenure.
Mortgages
Interest Rate:
EIBOR-based
APR:
N/A
Loan Tenure:
300 months
Loan-to-Value (LTV):
85.00%
Processing Fee:
1% of loan amount (non-refundable).
Features:
Available for properties in the UAE, subject to SNB approval.
Interest Rate:
EIBOR-based
APR:
N/A
Loan Tenure:
240 months
Loan-to-Value (LTV):
75.00%
Processing Fee:
1% of loan amount (non-refundable).
Features:
Available for UAE Nationals and Expats who own properties. Debt burden: 50% for rental income-based financing.
Personal Loans
Flat Interest Rate:
N/A
Reducing Rate:
N/A
Loan Tenure:
months
Min Salary:
AED 0
Processing Fee:
N/A
Features:
Lower interest rates for salary transfer customers.
Flat Interest Rate:
N/A
Reducing Rate:
N/A
Loan Tenure:
months
Min Salary:
AED 0
Processing Fee:
N/A
Features:
Higher flexibility but slightly higher interest rates.
