Mortgage

Bank AlJazira - "Baity" Home Finance

Flat Rate

5.19%

Down Payment

Monthly Payment

Minimum Salary

SAR 6,000

Fees & Cost

Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)

Features:

Financing up to 85% of Property Value 

Financing up to SR 8,000,000 

6 months deferral for the first repayment of the finance 

A competitive profit rate.* 

Ability to obtain Joint Finance with first degree relatives to obtain higher finance amount 

Financing to buy house or land is possible 

Takaful (life insurance) in case of death or total disability (God forbid). 

Property insurance coverage against Fire & natural disasters throughout the finance period 

Finance is also possible for self employed 

Ability to transfer existing finance from other institutions

Benefits:

Islamic Finance, Finance for Nationals, Finance for Saudi Nationals


Bank AlJazira - Equity Release Program

Flat Rate

5.19%

Down Payment

Monthly Payment

Minimum Salary

SAR 5,000

Fees & Cost

Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)

Features:

Financing up to 20,000,000 Saudi riyals depending on client's financial net worth 

Finance tenure up to 20 years 

A very competitive profit margin, either fixed or flexible depending on the client's choice* 

Multiple sources of income are considered, including the financed property’s income 

The Possibility of finance against property income only 

Allow the client to manage the property and improve the generated income 

Settlement can be based on monthly, quarterly, semiannually and annually instalment depending on client's income 

Takaful (life insurance) and exemption from payment of the remaining amount in case of death or total disability (God forbid) 

Property insurance coverage against Fire & natural disasters throughout the finance period

Bank AlJazira - Investment Real Estate

Flat Rate

5.19%

Down Payment

0%

Monthly Payment

SAR 10,946

Minimum Salary

SAR 6,000

Fees & Cost

Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)

Features:

Financing up to 20,000,000 Saudi riyals depending on client's financial net worth 

Finance tenure up to 20 years 

A very competitive profit margin, either fixed or flexible depending on the client's choice* 

Multiple sources of income are considered, including the financed property’s income 

The Possibility of finance against property's income only 

Allow the client to manage the property and improve the generated income 

Settlement can be based on monthly, quarterly, semiannually and annually instalment depending on client's income 

Takaful (life insurance) and exemption from payment of the remaining amount in case of death or total disability (God forbid) 

Property and damage insurance coverage included throughout the finance period

Bank AlJazira - Residential Finance Buyout

Flat Rate

5.19%

Down Payment

10%

Monthly Payment

Minimum Salary

SAR 6,000

Fees & Cost

Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)

Features:

Ability to reduce your current instalments 

A competitive profit rate 

Finance up to 90% of Property Value 

Financing up to SR 8,000,000 

Residential and Commercial properties are included 

Finance tenure up to 30 years 

Takaful (life insurance) coverage in case of death or total disability (God forbid) 

Property insurance coverage against Fire & natural disasters throughout the finance period 

Free for life Credit Card

Bank AlJazira - Adjustable Repayment Mortgage

Flat Rate

5.19%

Down Payment

15%

Monthly Payment

Minimum Salary

SAR 6,000

Fees & Cost

Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)

Features:

Fnancing up to 85% of Property Value 

6 months deferral for the first repayment of the finance 

Financing up to SR 5,000,000 

A competitive profit rate,* 

Ability to obtain Joint Finance with first degree relatives to obtain higher finance amount 

Finance to buy a house or land is possible 

Takaful (life insurance) in case of death or total disability (God forbid). 

Property and damage insurance coverage included throughout the finance period 

Ability to transfer existing liability from other financing institutions 

Possibility of obtaining Personal Finance or Financial lease at the same time.

Benefits:

Islamic Finance, Sharia Compliant, No Salary Transfer


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