For the first time in the Kingdom of Saudi Arabia …

Apply now without the need to visit the branch and get higher financing at a lower rate.

In line with the bank’s objective to provide easy banking through digital channels, we are pleased to announce the launch of the Personal e-Finance service which can be requested and applied for through Al Mubasher Mobile banking app.

Eligibility Criteria

  • Minimum employment period of 1 month and goes up to 12 months depending on the employer
  • Salary should be transferred to Al Rajhi Bank

  • Employer must be approved by Al Rajhi Bank

Required Documents

  • Completed application form for Personal Finance
  • Valid copy of National ID
  • Salary Certificate
  • Salary transfer letter

Service features

  • Apply for financing electronically anytime anywhere
  • Receive financing amount instantly without the need to visit the branch*
  • Fast application process and more information about personal financing details
  • Easier requirements to get your personal financing
  • Starting APR rate is 3.65%

How to apply for personal eFinance product through the Al Mubasher application

Al Rajhi Bank allows you to get personal financing through Al Mubasher app in simple steps:

  • Choose Financing Products from the main menu
  • Then choose Personal Finance
  • Fill in the required financing information
  • The bank will review the application and provide the outcome of its study
  • After that, approval on the sales contract
  • Then choose the power of attorney on the sales contract and amount to be deposited in the account
  • Enter the temporary password sent to your mobile
  • Sign the bonds
  • Amount will then be deposited

*Terms and Conditions apply