Personal Financing Offer

Personal Finance Features:

  • Up to 60 months tenure for Saudi and 36 months for Non-Saudi*.
  • Competitive profit rate.
  • APR starts from 2.41%.
  • Completing your finance request in a timely manner.
  • Allowing customers to benefit from all financing products and other services provided by alrajhi bank.
  • Available for Retirees.
  • You can apply for personal Finance on alrajhi bank App.
  • Available for Non-Saudi customers. *
  • Early Settlement is available at any time upon customer's request.
  • Guarantor is not required to have a personal finance.
  • Finance amount is up to SAR 2.5 Million.
  • Exemption of Finance Amount in case of passing away (God Forbid). *
  • Term and Conditions Apply

Refinancing Features:

  • Up to 60 months tenure for Saudi and 36 months for Non-Saudi*.
  • Competitive profit rate.
  • APR starts from 3.40%.
  • Completing your finance request in a timely manner.
  • Allowing customers to benefit from all financing products and other services provided by alrajhi bank.
  • Available for Retirees.
  • You can apply for personal Finance on App.
  • Available for Non-Saudi customers.
  • Early Settlement is available at any time upon customer's request.
  • Guarantor is not required to have a personal finance.
  • Ability to Consolidate your multiple Personal Finance obligations into one.
  • Finance amount is up to SAR 2.5 Million.
  • Exemption of Finance Amount in case of passing away (God Forbid). *
  • Term and Conditions Apply

Buyout Product Features:

  • Up to 60 months tenure for Saudi and 36 months for Non-Saudi*.
  • Competitive profit rate.
  • APR starts from 1.43%.
  • Completing your finance request in a timely manner.
  • Allowing customers to benefit from all financing products and other services provided by alrajhi bank app
  • Available for Retirees.
  • Available for Non-Saudi customers. *
  • Early Settlement is available at any time upon customer's request.
  • Guarantor is not required to have a personal finance.
  • No maximum finance amount. Customer eligibility depends on their monthly income.
  • First two installments to be postponed for Buyout Customers.
  • Exemption of Finance Amount in case of passing away (God Forbid) *
  • Term and Conditions Apply

Eligibility Criteria:

  • Customer’s Age must be Min. 18 and Max. 60 years old for Saudi. Min. 23 and Max. 55 years old for Non-Saudi*.
  • Good SIMAH record.
  • Customer’s salary must be Min. SAR 5000 * for personal finance.
  • Customer’s salary must be Min. SAR 10000 * for refinancing.
  • Customer’s salary must be Min. SAR 4000 * for Buy Out.
  • Customer’s employer must be among the approved employers list in ARB and Eligible for the offer.
  • Transfer Salary to alrajhi bank
  • Term and Conditions Apply

How to apply Personal finance?

How to apply Buyout product?

Finance Calculator

Period of Promotion:

Valid from 01/03/2022 up to 31/03/2022


Al Rajhi Bank is controlled and supervised by SAMA.


Example 1:

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

Example 2:

Finance Amount Maturity In Years APR Monthly Payment Amount
150,000 SAR 5 Years 2.41% 2.624 SAR

Example 3:

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

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

Al Rajhi Bank is controlled and supervised by SAMA.

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.

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

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.