Salfny

Features Salfny

Salfny Company is a Consumer lending mobile app working in Saudi Arabia approved by Saudi Central Bank (SAMA) for offering small and short loans.- Loans start from 1,000 SAR up to 50,000 SAR.
The Customers use the application to apply and choose the amount and period of payback starting from 3 months up to 18 months.- Users can see and view terms and conditions about Sulfah loans before they apply, also they have to review and accept loan contract with all terms and conditions and loan details before proceeding with the loan request.
All of the regulations are applied under Saudi Central Bank (SAMA) supervision.- The annual percentage rate (APR) which the maximum is 89.59%.
The APR is expressed as a percentage that represents the actual cost of funds over the term of a loan.- Loan Example:User borrows SAR 20,000 over 18 months tenure.Processing Fee (1%): SAR 200VAT on Processing Fees (15%): SAR 30APR: 75.32 %Total Interest: SAR 9990Monthly Installment Amount: SAR 1,666.11Total loan repayment amount is SAR 29,990Application process1.
Download Salfny application from googles play store.2.
Register a personal account with a phone number.3.
Choose your Credit Limit amount and Credit Limit tenure.4.
Fill in personal info.5.
Credit Limit review.This app requires READ_SMS permission for a fully functional app experience.The core functionalities of this app are related to SMS-based financial transactions.
This permission is, however, optional, and the user can opt not to accept the SMS permission.privacy policy: https://salfny.pages.dev/PrivacyPolicyContact UsCustomer Service Email: [email protected]