Al Rajhi Bank - Build a home, Explore the simple steps to building your home with Al Rajhi Bank, Largest Islamic bank in Kingdom of Saudi Arabia

Build a Home

Explore the simple steps to building your home. Start exploring how much you can borrow, know more about your finance, and finally Apply

The first step for you is to explore the amount you can borrow to own your home. Typically, the finance you can borrow to build a home is around 46 times your monthly salary. The tables will give you a closer idea. You can also use out online calculator, click here to calculate your finance.

Single Applicant - 15 Years

Your Monthly Salary You Can Borrow You Pay Monthly
SR 5,000 SR 230,000 SR 2,250
SR 7,500 SR 345,000 SR 3,400
SR 10,000 SR 460,000 SR 4,500
SR 12,500 SR 575,000 SR 5,600
SR 15,000 SR 700,000 SR 6,750
  • The finance rate is for 15years. The rate is fixed. The figures are approximate

Joint Applicants - 15 Years

Your Monthly Salary Salary of Joint –Applicant You Can Borrow You Pay Monthly *
SR 5,000 SR 3,000 SR 370,000 SR 3,600
SR 7,500 SR 5,000 SR 580,000 SR 5,600
SR 10,000 SR 8,000 SR 820,000 SR 8,000
SR 12,500 SR 10,000 SR 1,030,000 SR 10,000
SR 15,000 SR 12,000 SR 1,230,000 SR 12,000
  • The finance rate is 5% for 15 years. The rate is fixed. The figures are approximate

The Finance is available to:

  • Build a home or complete the construction of a home on a land that you own
  • Buy a land and build a home on it
Plan No Down Payment Maximum Finance Finance Rate Joint Applicant Q & As
15 Years 46 monthly salaries Fixed Learn more

Your Eligibility

  • Saudi national
  • Not less than 6 months with current employer, which must be approved by us
  • A minimum monthly salary of SR 2,000


Joint Applicant Eligibility

  • Saudi national
  • Not less than 6 months with current employer, which must be approved by us
  • A monthly income of SR 2,000 and above


Features of Joint Application

  • Direct relationship is not a condition
  • Transfer of joint application's salary is not a condition

Land Conditions

  • The area of land must not be less than 200 Sqm
  • Must have an independent title deed (a deed of the whole plan of lands is acceptable)
  • The land should be located within an urban extent
  • The land must be free of obstacles that may hinder the construction
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Your Finance Steps

  • Open an account with us
  • Transfer your salary to your account with us
  • Complete the application form and submit the required documents
  • Sign the contract after our final approval

How to Apply?

  • Visit your nearest branch
  • By calling us at 800 124 1222


Finance Documents Required

  • A filled-in application form
  • The construction plans and tables for the building or completion of the home
  • A copy of the title deed of the land (both sides)
  • A drawing of the location of the Land
  • A copy of the Building Permit
  • A price quotation of the land where the property will be built upon (in the case you want to buy the land)
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Did You Know? We provide our female customers access to over 100 dedicated centres.