New Personal Finance

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New Personal Finance

Whatever your plans and needs, Al Rajhi Bank offers, through its personal finance products, multiple options that support your aspirations and facilitate obtaining your needs, whether it is renovating the house, preparing for a marriage, planning for the future and well-being of your children, or others.

Features:

Annual rate starts from 3.07%

Earn 30,000 mokafaa Points when you apply for watani finance via alrajhi bank app

Up to 60 months tenure for Saudi and Non-Saudi*.

Competitive profit margin ratio

The speedy completion of all procedures for the customer’s financing request

Enable the customer to benefit from the financing products and other services provided by Al Rajhi Bank

Financing options for customers about to retire

Financing options for retired customers

The ability to apply for a financing and implement it directly through the application

The possibility of financing non-Saudi customers

Possibility of early repayment at any time based on the customer's request

A financing amount of up to 5 million riyals for Saudi and up to 1.5 million for Non-Saudi.

Exemption from indebtedness in the event of death or total disability, God forbid

No guarantor is required to obtain financing

Terms And Conditions Applied

Product Terms and Requirements:

Nationality:

That the customer is (citizen or resident) on the job or retired

Employer:

That the customer is an employee of one of the approved employers within the bank

Minimum Age:

18 years for citizens and 23 years for residents

Minimum Salary:

For citizens: 2000 riyals and 1900 for retirees

For residents: 5000 riyals

Customer Age:

The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)

Required Documents:

National identity card or residency card for residents

Salary definition

Salary fixation

Financing application form

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How much money can you borrow?

Product Example:

Financing Amount	Maturity In Years
Financing Amount	Maturity In Years	APR	Monthly Installment Amount
SAR 150,000	5	6.43%	SAR2,884

You can apply easily through

alrajhi bank app

The easier and faster way to open your account. Download Now →

You can also apply through the following channels

Apply Now

You can apply through alrajhi bank Online

Call Now

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8001241222

Via Branches

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Request A Call Back If you have any questions or would like to learn more, We will be more than happy to assist you

Personal Finance Calculator :

Personal Details:

Enter Your Monthly Salary

Current Monthly Installments Paid

SAR 500 is monthly cashback cap
Cashback is eligible on transactions done in the eligible cashback categories. As per T&C
Cashback is eligible on the given credit limit.