

Don’t have an alrajhi bank account? Create one now
Founding day Offer - Home Finance
Home Finance

Benefits and Features at Founding day Offer
- No admin fees.
- APR starts from 5.6%
- Earn 22,000 mokafaa points on the occasion of the founding day.

Benefits and Features
- financing period up to 25 years
- financing amount up to SAR 5 Million
- Available for approved and un-approved employers
- Financing up to the age of 70
- Flexible installment feature
- “ waiver/exemption of outstanding finance amount in the event of death or disability”
- Competitive and fixed profit margin throughout the financing period
- Co- Borrower concept only for Non REDF customers
Requirement

Terms and conditions:
- Requests that qualify for waive admin fees and other offer features must be implemented within 60 days from the date of approval of the application until 2/5/2023 as a maximum.
- In the event that an administrative fee is deducted from the customer, it will be returned by a maximum of 3/5/2023.

Period of Promotion:
Offer period starts from 18th Feb until 2nd Mar 2023
Don’t have an alrajhi bank account? Create one now
Example: 1
Finance Amount | ||||
Maturity in Years | APR | Monthly Repayment Amount | ||
500,000 SAR | 10 years | 5.58 % | 5,412 |
Example: 2
Finance Amount | ||||
Maturity in Years | APR | Monthly Repayment Amount |
||
750,000 SAR | 15 years | 5.89 % | 6,222 |
Example: 3
Finance Amount |
|||||
Maturity in Years | APR | Monthly Repayment Amount | |||
1,000,000 SAR | 20 years | 6.10% | 7,125 |
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
You can apply easily through


alrajhi bank app
The easier and faster way to open your account. Download Now →
You can also apply through the following channels

Apply Now
You can apply through alrajhi bank Online

Call Now
We are here for your service give us a call

Via Branches
There is always a branch nearby
Request A Call Back If you have any questions or would like to learn more, We will be more than happy to assist you