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Short Term Finance
Whatever your plans and your needs even it is renewed your home, prepare weeding, or planning your children future, etc.
Through the finance personal products, alrajhi bank offers multi options for your needs and make it easier such as the short-term finance.
Features:
Annual rate starts from 0%
Up to 12 months tenure *.
The Fast and seamless 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
The ability to apply for a financing and execute it directly through the application
Possibility of early repayment at any time based on the customer's request
Finance amount is up to 500,000 SAR
Exemption of Finance Amount in case of passing away (God Forbid). *
No guarantor is required to obtain financing
There is an administrative fee that is calculated at the rate of 1% of the financing amount or 5,000 Saudi Riyals, whichever is lower.
Terms and condition apply
Product Terms and Requirements:
Nationality:
Saudi and Resident Customers.
Employer:
That the customer is an employee of one of the approved employers within the bank
Minimum Salary:
Minimum salary for Saudi Customers is 2,000 SAR and 10,000 for Resident.
Minimum Age:
Minimum age is 18 years for Saudis and 23 years for Residents.
Required Documents:
How much money can you borrow?
Product Example:
|
Financing Amount |
Annual profit rate |
administrative fee* | ||
|
maturity in months |
Monthly payment Amount |
|||
| SAR10,000 | 0% | 100 SAR | 3 | 3,333 SAR |
*VAT not included
Don’t have an alrajhi bank account? Create one now
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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Short Term Finance
Whatever your plans and your needs even it is renewed your home, prepare weeding, or planning your children future, etc.
Through the finance personal products, alrajhi bank offers multi options for your needs and make it easier such as the short-term finance.
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offers
Auto Lease Offer
alrajhi bank is pleased to offer you the best car leasing offer for the car luxury brands
travel plus offer
with travel plus card.. Zero% international transaction fees on all global currencies
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personal finance offer
Now you can get mokafaa loyalty points on personal finance
Services
ATM
allows you to withdraw cash without having to write a cheque or visit a teller.
Self Service “ASRAA”
innovative solutions for all your banking operations and transactions.
Find a Self Service Machine >
Need some help? call 800 124 1222.
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