Watani
The Personal Loans "Watani" program is a personal loan that helps you meet your financial needs while being fully Sharia compliant. Whether you want to furnish your new home, send your children abroad to study or to support your marriage plans, Al Rajhi’s Watani Program can help you choose the right plan for you. All this can be achieved through our easy to use application system which can set you on your way in as little as 30 minutes.
Features and Benefits
- A loan of up to 15 times your salary
- Repayment period of up to 5 years
- Competitive rates
- Loan approved in just 30 minutes
- No guarantor required
- 'Top up' loan option with a simple grace period
Eligibility
- Employed by an Al Rajhi Bank approved company (If your company is not approved, please contact your nearest branch)
- For Saudis who work in government sector, semi-government and joint stock companies minimum monthly income of SR 2,000 required
- For Saudis who work in private sector minimum monthly income of SR 4,000 required
- Required age for Saudis is 18 to 60 years
- A copy of ID
- A copy of your salary transfer form sent by employer or sponsor to the bank
- Service with an employer in government sector should be at least 3 months
- Service with an employer in the private sector should be at least 1 year
How to Apply
You can reach us in the following way:
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Telephone: Toll Free 800 124 1222
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Branch: Visit any one of our branches
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Website: Apply using Internt Banking "Al Mubashar" (bank customers)
Click here to download the Watani application form