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Financing by Employer

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Important Disclosure

Diro (getdiro.net) is a financial comparison and brokerage platform and is NOT a licensed lender or finance provider. We do not offer loans or direct financing. We connect applicants with finance providers licensed by the Saudi Central Bank (SAMA) and the Capital Market Authority (CMA). All financing decisions, rates, and terms are determined by the respective finance provider. Estimated profit rates displayed on the platform are for guidance only and may vary based on credit assessment and applicant profile. Free for applicants.

Diro is a marketplace platform and not a licensed lender. All displayed funding providers are licensed by relevant regulatory authorities.

© 2026 Diro. All rights reserved.

SAMA Licensed Lenders

Personal Financing for Saudi Telecom Company (STC) Employees

The largest telecom operator in Saudi Arabia and a quasi-government entity (PIF-owned). STC employees qualify in the top quasi-government tier.

Apply Now — Free

1,500,000

SAR max amount

5.5% – 9% APR

expected APR

Up to 5 years

repayment term

Why do Saudi Telecom Company (STC) employees get preferential terms?

STC is partially owned by the Public Investment Fund, giving its staff quasi-government treatment. Regular salaries, good allowances, and high job stability. Banks offer STC employees terms very close to government employees.

Lower profit rates

5.5% – 9% APR

Higher limits

Up to SAR 1,500,000

Faster approval

24–48 hours

Typical salary band

SAR 6,500 – 50,000+

Higher salaries unlock higher limits and longer terms. Diro calculates your exact limit based on your salary.

Lenders accepting Saudi Telecom Company (STC) employees

A sample of qualifying lenders. Diro shows you the full list tailored to your salary and credit profile.

Al Rajhi Bank

Up to SAR 1.5M

SNB

Competitive rates

Bank Albilad

Flexible Islamic finance

Nayifat Finance

Non-salary-transfer option

How to get financed via Diro

1

Select employer

Choose Saudi Telecom Company (STC) from the employer list — Diro shows only lenders accepting your employer.

2

Compare offers

Instantly see expected offers from 4–8 lenders with rates, max amount, and monthly installment.

3

Get funded

Pick your best offer and continue with the lender via the platform. Funding in 24–48 hours.

Frequently asked questions

Are STC employees treated as government or private sector?+

They're treated as quasi-government — better than general private sector, close to government employees. Most banks place STC in a special credit tier above the private-sector average.

Does this apply to STC subsidiaries (stc pay, solutions)?+

Yes for fully-owned subsidiaries — they're treated like the parent group at most banks. For partially-owned JVs, terms may differ. Diro clarifies the exact classification for each company.

Can STC contractors get financing?+

Full-time employees on annual contracts qualify at specialized finance companies (Nayifat, Tasheel, Al Yusr). Limits are 30–40% lower than permanent staff, but processing is simpler.

All providers licensed

Completely free

Instant results

35+ providers

Ready for financing as a Saudi Telecom Company (STC) employee?

Apply in 2 minutes and receive offers tailored to your employer

Start Now