Sahlha Program
Whatever your plans and needs, Al Rajhi Bank offers Sahlha program which enables you to pay monthly installments for the services amounts provided by the approved merchants without profit rate and administrative fees.
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Product Example
| Financing Amount | Maturity In Years | APR | Monthly Installment Amount |
|---|---|---|---|
| SAR 30,000 | 2 | 0% | 1,250 |
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 SAR and 1900 for retirees
- For residents: 5000 SAR
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.
- Quotation Form.
