Your installment equals your REDF support

Your installment equals your REDF support

Apply Now

Don’t have an alrajhi bank account? Create one now

Your installment equals your REDF support

For self-construction & off-plan products

Down Payment Subsidy Feature is one of MOH and REDF Program & one of the solutions to help Al Rajhi Bank customers to facilitate owning Residential Unit under Construction & Ready units immediate and un-refundable subsidy as down payment subsidy.

Features

 

Shariah compliant financing.

The client must be a beneficiary of the Real Estate Development Fund or the Ministry of Housing.

The installment is equal to REDF support if customer benefit from the monthly support.

The installment is equal to 400 riyals if customer benefit from the down payment support package.

Loan Tenor can extend up to 30 years.

Available for salary and Non-salary transferred customers.

“waiver/exemption of outstanding finance amount in the event of death or disability”.

Available for approved and un-approved employers.

Terms and conditions

In case customer benefit from the feature on the self-construction product, "the required

In case customer benefit from the feature on the off-plan product, "the required conditions and documents for the off-plan product apply".

Don’t have an alrajhi bank account? Create one now

You can also apply through the following channels

Apply Now

You can apply through alrajhi bank Online

Login Now
branch

Via Branches

There is always a branch nearby

Find a Branch

Tutorial Videos

View All

Tutorial Videos

View All

Frequently Asked Questions:

Yes. All ARB Home finance products are Shariah compliant and have been designed on the basis of Islamic principles.
Yes, according to the terms of early settlement. You can contact us to find out more about the conditions.
You would need to make an immediate repayment of the principle outstanding amount by way of early settlement and we would transfer the title in your name or to the person you requested.