Buyout Product
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Buyout Product

The Buyout product is specially designed to meet the customers' needs by paying their debts in other banks with a very competitive profit rates and, if eligible, an extra amount will be made available in the customer’s account.

Features

  1. Very Competitive Profit Rates.
  2. Flexible repayment period Up to 60 Months.
  3. APR starts from 2.37% for all segments.

How to apply?

  1. Please visit your nearest Al Rajhi Bank branch
  2. Call us at 8001241222

Period of Promotion:

1 January, 2021 until 31 December, 2021

Terms and conditions apply

Al Rajhi Bank is controlled and supervised by SAMA

Personal Finance Calculator

Calculate
YOUR MONTHLY REPAYMENT
SAR 0*

YOUR FINANCE AMOUNT
SAR 0*
TOTAL AMOUNT PAYABLE
SAR 0*
APR
0%
Recalculate
* Terms and Conditions

This calculator and is intended for use as a guide only. Results calculated do not constitute an offer and have no legal effect on any contracts signed between you nd Al Rajhi Bank.

Avoid Risks, get the safe finance solution:

Get the most secure finance, Al Rajhi bank customers can obtain refinance at competitive rates, without going to unreliable financers. Avoid risks, and benefit from Al Rajhi bank solutions with the peace of mind that you deserve.

  • Example 1

    Finance Amount Maturity In Years APR Monthly Payment Amount
    8,997 5 8.56% 2,249

    Example 2

    Finance Amount Maturity In Years APR Monthly Payment Amount
    9,447 5 9.50% 3,149

    Example 2

    Finance Amount Maturity In Years APR Monthly Payment Amount
    7,947 5 9.61% 3,974

    *APR may change based on the change in the financing amount and due date.


    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.

    The installment amount the customer is obliged to pay to the bank each month until the debt is paid off.