JB Finance جيبي للتمويل

About JB Finance جيبي للتمويل

We offer financing options that address your needs and help you reach your objectives without salary transfers.

Whether your firm is authorized or not, we offer our finance options to Saudis and residents promptly and with the lowest terms.
Through our formal channels, we are always accessible to assist you whenever you need us.
Download the application now to get started on your adventure and Financing!
- Competitive rates

JB is officially licensed by the Saudi Central Bank (SAMA) in accordance with the finance regulations in the Kingdom of Saudi Arabia and is subject to the supervision of the Saudi Central Bank (SAMA).

As per SAMA (Saudi Arabian Monetary Authority) security regulations, the application should make the location permission as mandatory requirement. If the customer tries to login from two different geolocation with
3 hours and 100 kms apart
then application should force customer to login only through: Password, Biometrics or PIN. However, due to the mentioned security regulations, the user cannot use the application without the Geolocation enabled.

JB requires Camera and media access to scan the IBAN certificate for verification as per the regulation and to scan the bank statement in case of financial review.

- Financing types:
o Finance for individuals (up to 300,000 riyals)
o Instant Financing for individuals up to 20,000 riyals.

o Minimum Finance Amount (Saudi Riyal) 5.000,00
o Maximum Finance amount (Saudi Riyal) 300.000,00

o Minimum Tenure (in months) 3
o Maximum Tenure (in months) 60

o Minimum APR 9,53%
o Maximum APR 78,50%

- Representative example of the total cost of the loan
o Principal Amount 100.000
o Effective Rate (Annual) 10,00%
o Tenure (months) 36
o Installment 3.226,72
o Administration Charges 1.000
o APR 10,69%
o TOTAL Amount: 116.161,92

More information: https://j-b.com.sa/en/pricing