Emkan Finance

Emkan app offers you a one stop shop that delivers all your financial needs in one place! with easy and secure app experience.
You will get your loan in no time, without salary transfer with a push of a button!
Emkan has your back, whether you have an existing loan or you work in private or public sector.

App Features:
• End-to-end digital experience: you can apply for a loan, track your request, sign your contract, execute and receive your loan amount digitally.
• Fast & easy approvals: if you're eligible, you can obtain your loan fast & easy!
• Easy requirements: Emkan accept customers that:
- Work in public, private and military sector
- Saudi or Expats
- With starting salary of 2,000 SAR, without salary transfer
- Don’t need a guarantor.
• Better user experience: easier steps and less requirements with the ability to modify your information and loan amount.
• Flexible loan amount with competitive rates: Emkan Loans starts from 2,000 SAR up to 1.5 Million SAR!


*** Get an easy and fast personal loan even if you have an existing loan!
Personal Finance: 
Top up Product:
Minimum and maximum period of repayment 6 to 60 months
Maximum APR: 22.76%
Administrative fees: 1% or 5,000 SAR of the loan amount.

Example:
Salary: Less than 10,000 SAR
Loan amount: 30,000 SAR 
Financing period: 12 months
APR: 22.76%


Micro Product:
Minimum and maximum period of repayment 3 to 24 months.
Maximum APR: 41.70%
Administrative fees: 1% or 5,000 SAR of the loan amount.
 
Example:
Loan amount: 30,000 Sar 
Financing period: 12 months
APR: 41.70%
Monthly Installment: 3,100


Re-finance Product:
Minimum and maximum period of repayment 6 to 60 months.
Maximum APR: 21.42%
Administrative fees: 1% or 5,000 SAR of the loan amount.
Example:
Salary: 10,000 SAR
Existing loan amount: 64,000 SAR
Additional loan amount: 80,000 SAR
Financing period: 5 Years
Monthly installments: 2,183.33 SAR
APR: 21.42%


*** Or buy whatever you want with selected merchants with easy installments!

Retail Finance:
Minimum and maximum period of repayment 3 to 36 months.
Administrative fees: 1% or 5,000 SAR of the loan amount.

Example:
Salary: 2,000 SAR
Loan amount: 2500 SAR
Financing period: 36 months
Monthly installments: 120.83 SAR
APR: 40.38%

*** Love cashback? get Emkan Ucard and get 0.5% up to 2% cashback on your local & international payments!

Credit Card:
Maximum APR: 57.53 %

Example:
Card limit: 10,000 SAR
Monthly purchase rate: 2.99%
Minimum payment amount: 5%
APR: 57.53%

and much more for you to discover while using Emkan. Download it now!