Overview
Al Rajhi Bank provides Real Estate Financing (Eirad) that support Micro and Small Businesses to Obtaining financing against mortgage of investment property.
The product will have 2 variants:
Acquisition of Property

It targets clients who wish to purchase income-generating investment properties.
Equity Release

Clients who own investment property that generate income and wish to mortgage them in exchange for financing.
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Features
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Terms & Conditions
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How to apply?
Finance Features:
- Finance tenure starting from 12 months up to 180 months *.
- Finance amount up to SAR 10MM*.
- Equal repayment Installments.
Terms and Conditions
- The customer should be Commercial Entity owned by not less than 75% of a Saudi National who should be actively managing the business.
- The entity must have at least 4 years of experience in real estate activity, or through a partnership in the same experience.
- The client should have at least 1 existing investment property.
- Age of the owner \ authorized person not less than 25 up to 65 years old at the end of financing period.
- Clear Credit history without delinquencies.
- The age of the property does not exceed 25 years at the end of the financing period.
How to apply?
- Contact SME and POS customer care 920018799.
- Request a Call Back
*Terms and Condition applied
Al Rajhi Bank is controlled and supervised by SAMA
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The Annual Percentage Rate (APR):
Finance Type APR* Management fees** Minimum or Maximum Management fees** Real Estate Finance (EIRAD) 4.5% - 5.5% 3%** "Not applicable depended of finance amount"
*APR may differ depending on the amount, management fees, and the maturity period different from above and subject to each customer.
*Any information or rates mentioned are for example only. All product and service delivery is subject to the credit policies of Al Rajhi Bank.
**Excluding VAT.