Personal Finance Refinance

Personal Finance Refinance

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Personal Finance Refinance

The bank provides the possibility of consolidating the customer’s obligations from the personal finance contracts with the bank in one contract by paying them through a third party. A maximum financing is implemented so that the third party contract is paid and the rest of the finance amount is available in the customer’s account. The product is also available to customers who have one personal finance.

Features:

Earn 50,000 mokafaa Points when you apply for watani 2 via alrajhi bank app

ATM

You can get Watani financing with a maturity period of up to 60 months *

Competitive profit margin ratio

Land Conditions

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

The possibility of financing non-Saudi customers

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

The possibility of consolidating the client's obligations for more than one financing in one contract.

No guarantor is required to obtain financing

A financing amount of up to 2.5 million riyals

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

Terms And Conditions Applied

Product Terms and Requirements:

Al Rajhi Bank

Nationality

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

Application Form

Employer:

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

Salary Certificate

Minimum Age:

18 years for citizens and 23 years for residents

ID

Minimum Salary:

  • For citizens: 2000 riyals and 1900 for retirees
  • For residents: 5000 riyals
  • Salary Certificate

    Customer Age:

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

    Salary Certificate

    Required Documents:

  • National identity card or residency card for residents
  • Salary definition
  • Salary fixation
  • Financing application form
  • Don’t have an alrajhi bank account? Create one now

    How much money can you borrow?

     

    Product Example

    Financing Amount Maturity In Years
    APR Monthly Installment Amount
    SAR150,000 5 4.37% SAR3,046

    You can apply easily through

    Al Rajhi Bank Mobile App

    alrajhi bank app

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    You can also apply through the following channels


    Apply Now

    You can apply through alrajhi bank Online

    Call Now

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    branch

    Via Branches

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    Personal Finance Calculator :

    Personal Details:

    Enter Your Monthly Salary info

    Current Monthly Installments Paid info

    * Terms and Conditions : This calculator and is intended for use as a gue only. Results calculated do not constitute an offer and have no legal effect on any contracts signed between you and alrajhi bank.

    Your Monthly Paymentinfo-grey

    SAR 0*

    Your Finance Amountinfo-grey

    SAR 0*

    Total Amount Payableinfo-grey

    SAR 0*

    APRinfo-grey

    0%

    Payable Periodinfo-grey

    Months

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    * Terms and Conditions : This calculator and is intended for use as a gue only. Results calculated do not constitute an offer and have no legal effect on any contracts signed between you and alrajhi bank.


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