Eligibility requirements for the BSF personal financing
☑️ Minimum age of 21
☑️ Saudi nationals only
☑️ Monthly income of at least SAR 10,000
☑️ At least 12 months of continuous employment
☑️ Employment in a BSF-approved sector
Required documents
📄 Open a BSF account
📄 Employer introduction letter
📄 National ID
Approval is subject to meeting these requirements and the bank may request additional information if necessary.
How to apply for BSF personal financing
You can apply for BSF personal financing through the official Banque Saudi Fransi website or by visiting a nearby branch. After opening a BSF account, complete the application form with your personal and employment information, and upload the required documents.
Make sure everything is accurate and up to date to avoid delays. Once submitted, your request will go through a credit review process. Approval is not guaranteed and depends on your credit profile. If your application is not approved, you can reapply after reviewing and adjusting your eligibility.
How to pay your BSF personal financing installments
Monthly payments can be made easily through BSF digital channels such as the FransiMobile app or the FransiPlus online banking platform. In-person payments are also accepted at bank branches.
It’s recommended to make your payments before the due date to avoid late fees and to maintain a healthy relationship with the bank.
Rates and costs
The BSF personal financing comes with a 1% administrative fee, capped at SAR 5,000. The annual percentage rate (APR) varies based on the loan amount, repayment period, and your creditworthiness. For example, borrowing SAR 100,000 over 60 months results in an APR of 4.97% and a monthly installment of SAR 1,842.
A SAR 150,000 loan over 36 months comes with an APR of 5.57% and a monthly installment of SAR 2,952. A shorter 12-month term for the same amount can push the APR to 8.73%. Early settlement charges apply and include the profit of the next three installments. Rates are subject to change and depend on the applicant’s profile and market conditions.
Smart tip for your wallet
Before applying, consider using BSF’s financing simulator to estimate your monthly payments and APR. This gives you a clearer picture of your long-term obligations and helps you plan your budget with confidence.
Having a stable employment history and organized documentation can also speed up your approval.
Ready to get started?
Click below to visit the official BSF website and take the first step toward securing your personal financing.