The items displayed on our website do not represent the full items listing in our stores, which exceed 45,000 items

Pay your purchases in installments

Whatever your transaction is, Emkan will finance it

Installments
up to 50,000 SAR

Application approval
within 5 minutes

Financing does not
require a sponsor

What is EMKAN?

  • Emkan is a retailer finance product that allows clients to buy products in installments by redeeming a voucher to use for in-store or online purchases.

Am I eligible to benefit from EMKAN?

  • Saudis and non-Saudis can benefit from EMKAAN, here are the requirements:
  • You must be employed and have a history of a minimum of three salaries.
  • You must not have any bank commitments that lead to a salary deductions exceeding 45% of your monthly salary. In case your salary exceeds 25,000 SAR, you may be eligible for a 50% or 60% deduction of your salary as installments, or as regulated by SAMA.
  • If you have previous finance plans, or current financing installments, you can still apply to have a financial plan through the application.
  • The people eligible for this service are individuals from 20 to 70 years old.
  • The segments who can benefit from this service are the government sector, part government, private sector and retirees.
  • For Saudis, the monthly salary should exceed 1,900 SAR for retirees and 2,000 SAR for working individuals, for non-Saudis, it should exceed 5,000 SAR.

Is EMKAN available at all SACO Stores?

  • This service is available at all SACO stores in Riyadh and can be accessed through the mobile application across The Kingdom of Saudi Arabia.

How do I apply?

  • Your request is submitted through the mobile application, obtained by either scanning the QR code or searching for EMKAN Finance in the application store.
  • Here are the steps:
    1. Sign up and verify phone number
    2. Enter the amount of products you want to buy
    3. Fill in all needed information
    4. After approval, the due amount and the monthly amount will appear
    5. You will be provided with a voucher that you can redeem in SACO stores or online shop.
  • Once all the information is filled out, you should choose the finance amount, enter the employee code: “SACO”, submit all the requested documents, and electronically sign the agreement. The procedure on the application can be finalized in 10 minutes.
  • After signing the agreement and the promissory note, you will be able to find the amount in your bank account.
  • In case you work in a governmental position, you are required to submit a salary certificate issued by your employer, in addition to a bank account statement.
  • If you work in the private sector, you should submit a bank statement, a social insurance certificate and a salary certificate.
  • For more information, you can reach the call center by dialing 920011038.

What are the requirements of the application?

  • The application will be on the EMKAN website link:
    1. Online registration
    2. ID number
    3. Abshir mobile number
    4. Bank statement 3 month for the government sector
    5. Salary Certificate for government sector

What are the features of the loan?

  • Employer approval is not required.
  • Application can be done without salary transfer.
  • Financing amount for Saudis from 500 SAR up to 20,000 SAR, and for non-Saudis up to 10,000 SAR.
  • Installment plan can be from 3 months to 24 months.
  • DBR up to 70%.
  • Credit approval within 5 minutes.
  • The voucher can be used from the online store or branches (for merchants)
  • EMKAN will generate a SADAD number that will allow the customer to pay the installments on every 27th on a monthly basis.
If you think you have any inquries you shall call