tamam

Developer Description

Get financing of up to SAR 50,000 quickly and easily through the Tamam app.<br>Instant approval, flexible and secure repayment, fully compliant with Islamic Sharia law, and under the supervision of the Saudi Central Bank.<br>Whether you&#39;re an employee in the public, semi-government, or private sector, or even a retiree, our solutions are tailored to meet your needs.<br>Your funds will be transferred within 24 hours, with 24/7 support — all from the comfort of your place, through the Tamam app.<br><br><br>1. Minimum and maximum period for repayment <br> a. 3 months – 24 months<br><br><br>2. Maximum Annual Percentage Rate (APR):<br> a. 87.99%<br> b. This is for 12 months <br>3. A privacy policy that comprehensively discloses the access, collection, use, and sharing of personal and sensitive user data:<br> a. Refer https://tamam.life/privacy-policy <br><br>Personal Loan (Example)<br><br>1- A representative example of the total cost of the loan, including all applicable fees:<br><br>Loan amount: SAR 5,000<br>Tenure: 3 months<br>APR: 34.98 % <br>Processing Fee: SAR 50 (1% of Loan Amount)<br>15% VAT on Processing Fees: SAR 7.50<br>Total Interest: SAR 1,138<br>Equated Monthly Instalment (EMI): SAR 2,046<br>The loan amount is SAR 5,000<br><br>The disbursed amount is SAR 4,942.50 (Net after deducting Processing Fee + VAT, i.e., SAR 5,000 – SAR 50 – SAR 7.50)<br>The total loan repayment amount is SAR 6,138<br><br>2- Loan Term: 3 to 12 Months, and maximum 24 Months.<br><br>Terms and Conditions Link:<br>https://tamam.life/terms-conditions<br><br>Address: <br>Tamam Financing Co. - Head Office, Eastern Ring Branch Rd, Ash Shuhada، Ghirnatah, Riyadh 13241, Saudi Arabia