Don’t have an alrajhi bank account? Create one now
Home Finance
Home is where the heart is
It is a Murabaha financing that allows the customer to purchase a property, whether from one of the projects of the Ministry of Housing or a ready-made unit from the market, The product is available for REDF customers and alrajhi bank customers.
Features:
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V1Artboard-63-copy.png?h=48&iar=0&w=48)
financing period up to 25 years
![Land Conditions](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V137.png?h=48&iar=0&w=48)
financing amount up to SAR 5 Million
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V1Artboard-62.png?h=48&iar=0&w=48)
Shariah compliant financing
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V1Artboard-6.png?h=48&iar=0&w=48)
Available for salary and Non-salary transferred customers
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/L_Endeavor_Blue_Approved_application.png?h=48&iar=0&w=48)
Available for approved and un-approved employers
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V1Artboard-63-copy.png?h=48&iar=0&w=48)
Financing up to the age of 70
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V16.png?h=48&iar=0&w=48)
Grace Period up to 3 Months
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V129.png?h=48&iar=0&w=48)
Quick and instant approvals
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V17.png?h=48&iar=0&w=48)
Flexible installment feature
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V1Artboard-4.png?h=48&iar=0&w=48)
“ waiver/exemption of outstanding finance amount in the event of death or disability”
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V111.png?h=48&iar=0&w=48)
Competitive and fixed profit margin throughout the financing period
![ATM](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V18.png?h=48&iar=0&w=48)
Co- Borrower concept only for Non REDF customers
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V137.png?h=48&iar=0&w=48)
Terms and Required documents
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_checklist.png?h=48&iar=0&w=48)
A statement of salary transfer from employer ( in case financed with salary transfer)
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_building.png?h=48&iar=0&w=48)
Copy of building permits
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D-136.png?h=48&iar=0&w=48)
Copy of owner ID
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_map.png?h=48&iar=0&w=48)
Copy of the title deed
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_contract_signing.png?h=48&iar=0&w=48)
Monthly expense declaration form
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_ID.png?h=48&iar=0&w=48)
Valid ID
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_Invoice.png?h=48&iar=0&w=48)
Salary certificate from employer
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_Approved_application.png?h=48&iar=0&w=48)
Saudi nationality only
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_chair_location.png?h=48&iar=0&w=48)
Sketch of property location
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_works_together-53.png?h=48&iar=0&w=48)
Minimum age of 18
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_Location.png?h=48&iar=0&w=48)
Minimum service 3 months
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_money_bag_SAR.png?h=48&iar=0&w=48)
Salary starts from 7,000 for salary transfer and 10,000 for non-salary transfer
![Application Form](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_checklist.png?h=48&iar=0&w=48)
Filling "financing" form Submit Now
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_Best_Rate.png?h=48&iar=0&w=48)
Property offer price
Don’t have an alrajhi bank account? Create one now
How much money can you borrow?
The first step for you is to explore the amount you can borrow. Typically, you can borrow up to 53 times your salary to buy a land. The tables will give you closer idea.
Single Applicant
Your Monthly Salary | You Can Borrow | You Pay Monthly | |
20 Years | 30 Years | ||
SAR 5,000 | SAR 353,357 | SAR 477,454 | SAR 2,500 |
SAR SAR 8,000 | SAR 621,908 | SAR 840,318 | SAR 4,400 |
SAR 10,000 | SAR 848,057 | SAR 1,145,889 | SAR 6,000 |
SAR 12,000 | SAR 1,060,071 | SAR 1,432,361 | SAR 7,500 |
SAR 15,000 | SAR 1,272,085 | SAR 1,718,833 | SAR 9,000 |
Joint Applicants
Your Monthly Salary | Salary of Joint–Applicant | You Can Borrow | You Pay Monthly | |
20 Years | 30 Years | |||
SAR 5,000 | SAR 3,000 | SAR 621,908 | SAR 840,318 | SAR 4,400 |
SAR 7,500 | SAR 5,000 | SAR 954,064 | SAR 1,289,125 | SAR 6,750 |
SAR 10,000 | SAR 8,000 | SAR 1,272,085 | SAR 1,718,833 | SAR 9,000 |
SAR 12,000 | SAR 10,000 | SAR 1,590,106 | SAR 2,148,541 | SAR 11,250 |
SAR 15,000 | SAR 12,000 | SAR 1,908,127 | SAR 2,578,249 | SAR 13,500 |
You can apply easily through
![](/-/media/Project/AlrajhiPWS/Shared/Home/How-to-apply-section/Personal/howtoapplyeasily630x540_EN.png?h=540&iar=0&w=630)
![Al Rajhi Mobile App Al Rajhi Bank Mobile App](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Apps/AlRajhi_Mobile_App.png?h=72&iar=0&w=72)
alrajhi bank app
You can also apply through the following channels
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/L_ARB_Website.png?h=513&iar=0&w=513)
Apply Now
You can apply through alrajhi bank Online
![branch](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/L_Bank_branch.png?h=513&iar=0&w=513)
Via Branches
There is always a branch nearby
Home Finance Calculator :
Personal Details:
Enter Your Monthly Salary
- 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.
Your Monthly Payment
SAR 0*
Your Finance Amount
SAR 0*
Total Amount Payable
SAR 0*
APR
0%
Payable Period
Months
Interested or have an inquiry?
We are more then Happy to help you Exceed your Goals in the Right ways.
You Can
- 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.