Fees & Financial Disclosure
Transparency is your right — here are all the financial details before you apply
What we are
Tamweeliq is a financing lead and matching platform. We are not a lender, we do not grant loans or make approval decisions. All financing products are provided and contracted directly by lenders licensed by the Saudi Central Bank, subject to their policies.
Fees charged to you
Using the platform, applying and receiving advice is completely free. We never charge upfront fees or commissions at any stage.
Cost range at lenders
| Annual Percentage Rate (APR) | from 4.5% to 24% per year |
|---|---|
| Personal finance repayment term | from 6 to 60 months |
| Admin fee | up to 1% of the amount, max SAR 5,000 |
| Early settlement | max profit of the next 3 months |
Representative example
| Financing amount | 100,000 SAR |
|---|---|
| Term (months) | 60 months |
| Annual flat profit rate | 3.5% |
| Monthly installment | 1,958.33 SAR |
| Total profit | 17,500.00 SAR |
| Admin fee | 1,000.00 SAR |
| Total amount payable | 118,500.00 SAR |
| Annual Percentage Rate (APR) | 7.18% |
Illustrative only; actual rates and cost vary by lender, employer, salary and credit record.
Consequences of missed payments
Late payments may be reported to SIMAH, affecting your ability to obtain financing in the future, and may lead to collection actions under the contract and regulations. Borrow responsibly and within your means.
Financing rules in Saudi Arabia
Key points from the Saudi Central Bank (SAMA) Responsible Lending Principles and Consumer Finance regulations — know your rights before you sign
Deduction ratio
Consumer finance installments may not exceed 33.33% of an employee's net salary, or 25% of a retiree's pension.
Personal finance term
The maximum repayment period for consumer (personal) finance is 60 months.
Admin fees
Administrative fees may not exceed 1% of the financed amount or SAR 5,000, whichever is lower.
APR disclosure
Lenders must disclose the Annual Percentage Rate (APR) and total cost of financing in writing before signing.
Right to withdraw
You may withdraw from a consumer finance contract within 10 business days of signing, subject to regulatory conditions.
Early settlement
You may settle early; the amount due to the lender may not exceed the profit of the following three months.
For guidance only and subject to change; the Saudi Central Bank regulations and each lender's terms prevail.
Ready to see how much you can get?
Apply now for free and let an advisor find the best available financing offer for you.