Personal Financing Offer

Features: (Watani 1)

  • Up to 60 months tenure.
  • Admin fees to be refunded back to customers’ Credit Card or Pre-Paid Card.*
  • Competitive profit rate.
  • APR starts from 1.03%.
  • Completing your finance request in a timely manner.
  • Allowing customers to benefit from all financing products and other services provided by ARB.
  • Available for Retirees.
  • Available for About to Retire Customers.
  • You can apply for personal Finance on Al Rajhi Mobile 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.
  • No maximum finance amount. Customer eligibility depends on their monthly income.
  • Exemption of Finance Amount in case of passing away (God Forbid).*
  • Term and Conditions Apply

Features: (Watani 2)

  • Up to 60 months tenure.
  • Admin fees to be refunded back to customers’ Credit Card or Pre-Paid Card.*
  • 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 ARB.
  • Available for Retirees.
  • Available for About to Retire Customers.
  • You can apply for personal Finance on Al Rajhi Mobile App.
  • Available for Non-Saudi customers.
  • Early Settlement is available at any time upon customer's request.
  • Ability to consolidate your multiple Personal Finance obligations into one.
  • Guarantor is not required to have a personal finance.
  • No maximum finance amount. Customer eligibility depends on their monthly income.
  • Exemption of Finance Amount in case of passing away (God Forbid).*
    Term and Conditions Apply

*Terms and Conditions for Refunding Admin fees:

  • Finance Management fee Waiver is subject to the condition that the customer must have one of ARB (Credit / Charge / Prepaid) Visa Cards.
  • Finance Management fee Waiver Cash Back will be credited to the card’s account within 10 working days subject for the customer having ARB card issued & activated.
  • Cashback will be given to active and non-delinquent cards.
  • Customer would need to ensure having an active card before 30 Sep 2021 in order to obtain the refund.
  • It is allowed to issue the credit card after executing the finance product in order to complete the process of refunding the Management fee, as long as it is before September 30, 2021.
  • Term and Conditions Apply

How to apply?

Period of Promotion:

The offer is valid from 1st to 30th of September, 2021.


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 1.03% 3,382 SAR

Example 2:

Finance Amount Maturity In Years APR Monthly Payment Amount
55,000 SAR 5 Years 1.03% 930 SAR

Example 3:

Finance Amount Maturity In Years APR Monthly Payment Amount
100,000 SAR 5 Years 1.03% 1,691 SAR

Example 4:

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

Example 5:

Finance Amount Maturity In Years APR Monthly Payment Amount
55,000 SAR 5 Years 1.43% 939 SAR

Example 6:

Finance Amount Maturity In Years APR Monthly Payment Amount
100,000 SAR 5 Years 1.43% 1,708 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.