Offer Details

Features: (Personal Finance)

  1. No admin fees
  2. Up to 60 months tenure for Saudi and 36 months for Non-Saudi*.
  3. Annual rate starts from 2.92%
  4. Completing your finance request in a timely manner.
  5. Allowing customers to benefit from all financing products and other services provided by ARB.
  6. Available for Retirees.
  7. You can apply for personal financing on Alrajhi Bank App.
  8. Available for Non-Saudi customers. *
  9. Early Settlement is available at any time upon customer's request.
  10. Guarantor is not required to have a personal finance.
  11. Finance amount is up to SAR 2.5 Millions.
  12. Exemption of Finance Amount in case of passing away (God Forbid). *
    13. *Terms & Conditions Apply

    Features: (Refinancing)

    1. No admin fees
    2. Up to 60 months tenure for Saudi and 36 months for Non-Saudi*.
    3. Annual rate starts from 3.17%
    4. Completing your finance request in a timely manner.
    5. Allowing customers to benefit from all financing products and other services provided by ARB.
    6. Available for Retirees.
    7. You can apply for personal financing on Alrajhi Bank App.
    8. Available for Non-Saudi customers.
    9. Early Settlement is available at any time upon customer's request.
    10. Guarantor is not required to have a personal finance.
    11. Ability to Consolidate your multiple Personal Finance obligations into one.
    12. Finance amount is up to SAR 2.5 Millions.
    13. Exemption of Finance Amount in case of passing away (God Forbid). *
      14. *Terms & Conditions Apply

    Features: (Buyout Product)

    1. No admin fees
    2. Up to 60 months tenure for Saudi and 36 months for Non-Saudi*.
    3. Annual rate starts from 2.24%
    4. Completing your finance request in a timely manner.
    5. Allowing customers to benefit from all financing products and other services provided by ARB.
    6. Available for Retirees.
    7. Available for Non-Saudi customers. *
    8. Early Settlement is available at any time upon customer's request.
    9. Guarantor is not required to have a personal finance.
    10. Finance amount is up to SAR 2 Millions.
    11. First two installments to be postponed for Buyout Customers.
    12. Exemption of Finance Amount in case of passing away (God Forbid) *
      13. *Terms and Conditions apply

    Features: (Personal Finance Postponing Installments)

    1. No admin fees
    2. Up to 60 months tenure for Saudi and 36 months for Non-Saudi*.
    3. Annual rate starts from 15%
    4. Completing your finance request in a timely manner.
    5. Allowing customers to benefit from all financing products and other services provided by ARB.
    6. Available for Retirees.
    7. You can apply for personal financing on Alrajhi Bank App.
    8. Available for Non-Saudi customers. *
    9. Early Settlement is available at any time upon customer's request.
    10. Guarantor is not required to have a personal finance.
    11. Exemption of Finance Amount in case of passing away (God Forbid). *
      12. Terms & Conditions Apply

    Features: (Personal Finance Top-Up)

  13. No admin fees
  14. Up to 60 months tenure for Saudi*.
  15. Annual rate starts from 15%
  16. Completing your finance request in a timely manner.
  17. Allowing customers to benefit from all financing products and other services provided by ARB.
  18. Available for Retirees.
  19. You can apply for personal financing on Alrajhi Bank App.
  20. Early Settlement is available at any time upon customer's request.
  21. Guarantor is not required to have a personal finance.
  22. Finance amount is up to SAR 2 Millions.
  23. Exemption of Finance Amount in case of passing away (God Forbid). *
    24. *Terms & Conditions Apply

    Features: (Personal Finance – About to retire customers)

  24. No admin fees
  25. Up to 60 months tenure for Saudi*.
  26. Annual rate starts from 2.92%
  27. Completing your finance request in a timely manner.
  28. Allowing customers to benefit from all financing products and other services provided by ARB.
  29. You can apply for personal financing on Alrajhi Bank App.
  30. Early Settlement is available at any time upon customer's request.
  31. Guarantor is not required to have a personal finance.
  32. Finance amount is up to SAR 2 Millions.
  33. Exemption of Finance Amount in case of passing away (God Forbid). *
    34. *Terms & Conditions Apply

Eligibility Criteria:

  1. Customer’s Age must be between 18 and 60 years old for Saudi’s. And should be between 23 and 55 years old for Non-Saudi’s*.
  2. Good SIMAH record.
  3. Customer’s employer must be among the approved employers list in ARB and Eligible for the offer.
  4. Transfer Salary to Alrajhi Bank

    5. *Terms & Conditions Apply


Offer Duration:

Offer is from 17-01-2023 until 31-01-2023

 

Example 1:

Finance Amount Maturity In Years APR Monthly Payment Amount
200,000 5 1.43% 3,415

 

Example 2:

Finance Amount Maturity In Years APR Monthly Payment Amount
150,000 5 2.41% 2,624

 

Example 3:

Finance Amount Maturity In Years APR Monthly Payment Amount
150,000 5 3.40% 2,688

*APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer.

The Annual Percentage Rate (APR): It is the discount rate at which the present value of all payments and installments that are due from the Borrower, representing the Total Amount Payable by the Borrower, equals the present value of all payments of the Amount of Financing available to the Borrower on the date on which the Financing amount or the first payment thereof is available to the Borrower. 
 Finance Amount:  The amount of, on balance sheet granted to the customer. 
 Maturity In Years:  The duration of the contract agreed upon between the parties, which shall indicate the date and expiry of the contract with the parties' with the terms of the contract.
 Monthly payment amount:  The installment amount the customer is obliged to pay to the bank each month until the debt is paid off.

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