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Personal Finance Postponing Installments
Do you want to postpone your payments? The installment deferment product allows you to defer up to 3 installments of your personal finance, to be paid after the end of the current contract
Features:
Annual rate starts from 15%
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Up to 60 months tenure for Saudi and 36 months for 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 AlRajhi Bank
Possibility of financing retired customers
The ability to apply for a financing and implement it directly through the application
Possibility of early repayment at any time based on the customer's request
No guarantor is required to obtain financing
Exemption from indebtedness in the event of death or total disability, God forbid
Product Terms and Requirements:
Nationality:
That the customer is citizen 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
Minimum Salary:
The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)
Required Documents:
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How much money can you borrow?
Product Example
Financing Amount | Maturity In Years | ||
APR | Monthly Installment Amount | ||
SAR15,291 | 5 | 27% | SAR3,822 |
You can apply easily through
alrajhi bank app
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You can also apply through the following channels
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You can apply through alrajhi bank Online
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Personal Finance Calculator :
Personal Details:
Enter Your Monthly Salary
Current Monthly Installments Paid
Your Monthly Payment
SAR 0*
Your Finance Amount
SAR 0*
Total Amount Payable
SAR 0*
APR
0%
Payable Period
Months
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