Eligibility requirements for the GIB Meem loan:
☑️ Saudi nationality
☑️ Age between 25 and 60 years
☑️ Active OnePack account with Meem
☑️ Minimum monthly salary of SAR 10,000 (SAR 15,000 for military)
☑️ At least 12 months of employment in the current job
Required documents for the GIB Meem loan:
📄 Valid national ID or Iqama
📄 Recent salary certificate or payslip
📄 Last three months of bank statements
📄 Proof of address
Loan approval depends on meeting these conditions, and the bank may request additional documentation during the review process.
How to apply for the GIB Meem loan
To apply, visit the official Meem website or download the mobile app. The process is 100% digital and begins with filling out a straightforward application form. Be sure to upload all necessary documents to avoid delays.
Once submitted, the bank reviews your profile based on its internal criteria. If approved, disbursement may happen within 24 hours. If declined, you can reapply at a later time. Clear, accurate information and a solid financial record can increase your chances of success.
How to pay your loan installments
Monthly payments can be made via automatic debit from your OnePack account, bank transfers, or the SADAD system. Payment due dates are fixed in your loan agreement, and it’s recommended to schedule payments in advance to avoid late fees.
Always track your loan balance using Meem’s digital platform for better control over your finances.
Fees and charges
The GIB Meem loan includes a management fee of 1% of the loan amount or SAR 5,000, whichever is lower (excluding VAT). Late payments may result in a charge of SAR 250 (excluding VAT).
The annual profit rate starts at 13.93%, depending on the financing amount, term, and credit score. These figures are illustrative and may vary; the final offer depends on the bank’s assessment.
A tip for your wallet
If you want to make the most of your GIB Meem loan, consider setting up extra payments whenever you receive bonuses or side income. This helps reduce the total profit paid over time and shortens the loan term.
Also, using Meem’s real-time finance calculator before applying will give you a better understanding of monthly costs. Prioritize financial planning, and schedule payments right after payday to ensure consistency without compromising other expenses.
Ready to take the next step?
Click the button below to access the official GIB Meem site and begin your application today.