home-finance

Self-Construction Product

Self-Construction Product
Design your own home with more financing solutions

For Al Rajhi and REDF Beneficiaries

Features

  • Sharia Complaint Financing
  • REDF support to cover the full/portion of profit
  • Quick Financing Approval
  • Home Insurance
  • Longer Financing Tenor up to 30 Years.
  • Higher Financing Eligibility up to SAR 5 Million
  • Financing ratio of up to 90%
  • Exemption of heirs from paying the remaining installments in the event of death "God forbid”.
  • Annual Percentage Rate is 4.08% for Murabaha products
  • Management fees equal to 1% of finance amount or SAR 5,000 whichever is less

How To Apply

  • Please visit your nearest Al Rajhi Bank branch
  • Call us at 8001241222
  • Apply Online
Frequently Asked Questions:
  • What happens if I want to sell the property before the financing is paid off?
    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.