Your property with the lowest financing profit rate
Your property with the lowest financing profit rate Exclusively through Al Rajhi Bank
Build your home or own your residential Off-Plan unit with the lowest profit rate exclusively through Al Rajhi Bank in cooperation with the Real Estate Development Fund with “the Lowest Profit rate” Initiative for a limited period.
Up to 20 years
Loan tenor up to 20 years with a profit margin of 4.5% (term cost) for all periods.
Accepted
All government and private sectors, with or without salary transfer, are accepted.
Support Package
Customer can benefit from the Real Estate Development Fund support package provided and the self-construction package with a value of up to 150 thousand riyals.
Benefits from Real Estate
Customer can also benefit from Real Estate Development Fund support equals to your Installment as per the below description:
Terms and Required documents
Only for Off-Plan and Self-Construction products.
Only for Saudi REDF supported customers.
Declaration form
Monthly expense declaration form
Salary starts from SAR 3,000 with no cap.
Maximum Finance Amount is SAR 1,600,000
The terms and conditions of Real Estate Development Fund will be applied.
The number of contracts is limited and priority is given on a first-come.
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
Joint applicants
Home Finance Calculator
Please note that this calculator only helps you calculate the approximate financing amount and does not represent the exact amount of financing and payments. For actual approval details, please contact us at 8001241222
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