Tamam Finance - تمام للتمويل

Tamam introduces a fully new experience, with new loan products, many new enhancements, and bug fixes! The new app provides instant approval with no documents required and offers up to 50K SAR.

1. Minimum and maximum period for repayment

a. 3 months – 24 months

2. Maximum Annual Percentage Rate (APR):

a. 87.99%

b. This is for 12 months

3. A privacy policy that comprehensively discloses the access, collection, use, and sharing of personal and sensitive user data:

a. Refer https://tamam.life/privacy-policy

Personal Loan (Example)

1- A representative example of the total cost of the loan, including all applicable fees:

Loan amount: SAR 5,000

Tenure: 3 months

APR: 34.98 %

Processing Fee: SAR 50 (1% of Loan Amount)

15% VAT on Processing Fees: SAR 7.50

Total Interest: SAR 1,138

Equated Monthly Instalment (EMI): SAR 2,046

The loan amount is SAR 5,000

The disbursed amount is SAR 4,942.50 (Net after deducting Processing Fee + VAT, i.e., SAR 5,000 – SAR 50 – SAR 7.50)

The total loan repayment amount is SAR 6,138

2- Loan Term: 3 to 12 Months, and maximum 24 Months.

Terms and Conditions Link:

https://tamam.life/terms-conditions

Address:

Tamam Financing Co. - Head Office, Eastern Ring Branch Rd, Ash Shuhada، Ghirnatah, Riyadh 13241, Saudi Arabia