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Your Home Finance is Ready .. Enter the draw to win prizes SAR 2,000,000 For Ministry of Housing and REDF Beneficiaries

Now, you can get a Home Finance on your first home with easy solutions and more benefits:

Features

  • 10% Down Payment
  • Sharia Complaint Financing
  • Quick Financing Approval
  • Longer Financing Tenor up to 30 Years.
  • Higher Financing Eligibility up to SAR 5 Million
  • Personal Finance can be availed up to 5 Years and in case of an existing finance, you can get a larger residential finance
  • Allow customers to choose from wide options through signed developers with the bank to obtain a distinctive property at reduced prices.
  • Annual Percentage Rate is 5.82% for Ijara & Murabaha products
  • Management fees equals to 1% of finance amount or SAR 5,000 whichever is less

Products*

  • Ministry of Housing Ready Units
  • Home Plus with Al Madoum
  • Self – Construction
  • Existing Financing
  • Property Power with Al Madoum
  • Off The Plan
  • AlMadoum Financing

Benefits 

  • Step up payments
  • Step down payemnt
  • Down payment installment for unit under development
  • Support amount to be part of the annual income
  • Retirees finance or pre- retiermnt to age 70 years old.
  • Support the down payment for military for up to SAR 140,000
  • Support the down paymnet (easy morage) 5%

Prizes:

Total value of prizes SAR 2,000,000

  • First prize SAR 500,000
  • 5 prizes worth SAR 100,000
  • 10 prizes worth SAR 50,000
  • 20 prizes worth SAR 25,000

How to enter the draw

  • Home Finance must be approved.
  • Transfer of the title deed

How to apply?

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

  • Apply Online

Campaign Period :

  • 14 October to 14 December 2018

Terms and Conditions

*Terms & Conditions of Alrajhi Bank will Apply

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