Your dream electronics & appliances at 0% interest
Easy 12 month installments at Redsea showrooms
Buy the latest electronics, home appliances and air conditioning on monthly installment. With just 3 simple steps you could be the proud owner of some of latest technology without using your credit card or bank loan. With Abdul Latif Jameel Finance and Redsea, you can purchase any electronic, home appliances or air conditioning in easy to pay monthly installments.
Whether it latest Bosch innovative Washing Machine or Sharp's latest 4K Smart TV or the latest White Westinghouse Air Conditioner with WiFi, you will find it all at Redsea, the electronics store by Abdul Latif Jameel. Just follow the simple steps below and replace all your home appliances, air conditioning and electronics - it's simple, quick and easy. Only with Redsea and Abdul Latif Jameel Finance.
Step One: Visit any Redsea Stores (see locations) and select the items you intend to purchase.
Step Two: Obtain and fill out a quotation from the sales person showing the monthly payments. The monthly payments should not exceed 33% of your gross monthly income.
Step Three: Complete and submit the required documents, once approved your items will be delivered direct to your home or pick up in store.
For more information, you may call our Customer Relations during office hours at : 8001279999
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Frequently Asked Questions
Who is eligible to apply for finance?
Anyone with monthly income not less than SR 4,000 is eligible to apply for financing.
How long will it take to apply?
Apply at any Redsea Store for immediate approval
What do I need to apply?
You will need following documents to apply:
a. Employment Certificate indicating, or with the following:
Total monthly income that must not be lower than SR4,000
Years of Service
Stamp of the Chamber of Commerce, if privately employed.
b. A print of GOSI document
c. Residential Document e.g., Rental Contract or Certificate of Home Ownership
d. Copy of National ID or Iqama
e. Guarantor preferably a Saudi Citizen working in the Government, however, not in the military service. Abdul Latif Jameel Finance may accept a Guarantor from the non-government sector on a case-to-case basis.
f. The same set of documents as indicated as Nos. A to B above to be submitted by Guarantor.
About Abdul Latif Jameel Finance
Abdul Latif Jameel United Finance Co. (ALJUF), provides a variety of finance solutions from car leasing to consumer & capital equipment finance. Abdul Latif Jameel Finance has a network of more than 270 branches and over 3,000 associates.
Our exclusive partnership with Redsea means that each of the Redsea Stores also has an Abdul Latif Jameel Finance associate in-store, ready to help finance your purchases, quickly and easily – Abdul Latif Jameel Finance aims to provide the best service for all your Electronics, Home Appliances and Air Conditioning financing needs.
Riyad Bank Personal Financing
Personal financing up to SR 100,000 at 0% interest for Riyad bank customers.
Follow these simple steps:
Visit any Redsea store outlet across Saudi Arabia.
Present your Name, National ID and bank details to Redsea store associate.
Inform the associate about the financing amount which can be anywhere starting from SR5,000 to SR100,000.
Inform the associate about the loan period, from 6 months to 24 months (subject to approval by Riyad bank).
Associate will provide you with a quote based on the information provided along with a form to submit at Riyad bank.
Take the form and quotation to Riyad bank to process the loan request.
Riyad bank will evaluate the loan request and approve based on your credit rating and hand over the completed form back to you.
Visit Redsea store and submit the signed and stamped form to associate
Redsea associate will schedule delivery of products to your home at your convenience.