Sole proprietorship Personal Finance Program


Are you a manager of sole proprietorship and want a personal finance?

Now, you can get the best financing solutions that suits your needs

Personal Finance Watani_2X


  • Maximum finance amount up to SAR 200,000
  • Finance period of up to 3 years
  • Annual Percentage Rate starts from 20.5%
  • Management fees equal to 1% of finance amount or SAR 5,000 whichever is less

Terms and conditions:

  • Minimum Salary of SAR 20,000
  • Service period not less than 6 months
  • Profession (manager)
  • For Saudis nationals only
  • There must be at least three salaries (deposits) in the customer’s account with the bank

Establishment Status:

  • Should be in the Green/ Platinum category
  • Should have been operating for a minimum of 3 years in their respective business line
  • Should be registered for VAT with the General Authority of Zakat and Tax (GAZT)
  • Should have their payroll with the bank
  • Should not be part of approved Employers’ list maintained by the bank

Required Documents:

  • Filled Application Form
  • Verified copy of National ID
  • Salary certificate ( Attested by Chamber of Commerce )
  • GOSI Certificate
  • Establishment Guaranty ( Certified by Chamber of Commerce), including Promissory Note
  • Evidence establishing payment of VAT ( at least two latest subsequent quarters)

*Terms and conditions apply

How To Apply

  • Please visit your nearest Al Rajhi Bank branch
  • Call us at 8001241222
  • Apply Online