Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Administrative fees 1% of finance amount or SAR 5,000

Saudis only, Government sector and Private sector inducted companies who transfers their employee's salary through Sarie system through al Ahli bank, Minimum Salary = SAR 3,000 Saudis, Minimum Months on Job = 3 months for Saudis in Government sector and big private companies, Finance amount 5,000 SAR up to 2,500,000 SAR,.

Saudis only, 18 years for Saudis and must be less than 60 years at the date of last installment, except for retirees 75 years.

Get cash for government sector or Private sector inducted companies who transfer their employee's salary through AlAhli Bank Sarie system, Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

Shariah compliant, Without the need of visiting the branch, No documents are required to apply, The convince of signing off the contracts though electronic signature after 24, Repayment periods up to 60 months, Possibility of early settlement, Insurance coverage in case of death or total disability (God forbid) as per insurance policy terms and conditions.

SAR 500

• The age should not be more than 60 years for employees and 70 years for retirees (when paying the last installment). .

• The employer should be among the entities approved by the bank.

• The income of the Saudi client, the employee, should not be less than 2,000 riyals, and the retired one must not be less than 1,900 riyals.

• The resident's income shall not be less than 5,000 riyals.

• The national identity card or residence card of the resident customer.

• Definition of salary.

• Salary fixation.

• Funding application form.

• Applicant must be a Saudi National.

• Applicant has to be an employee at one of the Commercial Banks in the Kingdom of Saudi Arabia, as well as working and residing in the Kingdom.

• Applicant’s age must be between 25 and 55 years old at the time of the application for the Finance solution.

• Applicant must have a minimum employment period of 1 year with the current employer and 5 years of total employment.

• Annual rate starts from 3.32%

• Earn 6,000 mokafaa Points when you apply for refinance via alrajhi bank app

• You can get Watani financing with a maturity period of up to 60 months

• Competitive profit margin ratio

• The speedy completion of all procedures for the customer’s financing request

• Enable the customer to benefit from the financing products and other services provided by AlRajhi

• Possibility of financing retired customers

• The ability to apply for a financing and implement it directly through the application

• Possibility of early repayment at any time based on the customer's request

• No guarantor is required to obtain financing

• A financing amount of up to 5 million riyals *

• Exemption from indebtedness in the event of death or total disability, God forbid

* Saudi

* It is required to transfer and fix the salary at the meem digital bank from Gulf International Bank

* Requires opening an account with meem

* The minimum age to accept the application is 18 years old

* Maximum age to accept the application is 60 years

*Minimum salary of 4000 SAR

* Maximum financing amount is 1,500,000 SAR

* Minimum length of service (government sector) is one month

* Minimum length of service (Private Sector) Class A & B & C: 6 months

* The maximum number of months for financing repayment is 60 months

* Competitive Personal Finance Offers

* Financing up to 1.5 million SAR

* Installment plans up to 60 months

* Smooth and fast procedures for transferring the finance amount into the account

"* Personal Finance Administrative Fee 1% of the Personal Finance Amount A maximum of 5000 SAR 

* Goods delivery service 2300 SAR 

* Late payment fee 244.38 SAR"

* Saudi

* Salary transfer is not required

* Requires opening a meem account with Gulf International Bank

* The minimum age to accept the application is 25 years

* Maximum age to accept an application is 60 years

* Minimum salary 10,000 SAR (15,000 SAR for the military sector)

*Minimum service period of 12 months

* Maximum financing amount is 500,000 SAR

* The maximum number of months for financing repayment is 60 months

* Compliant with the provisions of Islamic Sharia

*100% digital product

* Provides signature service and executive bonds electronically

* Personal finance up to 500,000 Saudi riyals

Smooth and fast procedures that ensure the customer transfers the amount of financing into his account upon acceptance of the request

* Competitive Personal Finance Offers

* Flexible repayment period of up to 60 months

• Standard SAIB finance administration fees will apply. 

• Administrative fee not exceeding 1% of the amount of funding or SAR 5,000, whichever is less. 

 • Work for an employer included in the Bank’s approved list

• The customer must have a salary account at The Saudi Investment Bank

Service period:

• For Government Sector: 1 months with current employer

• For Private Sector: 3 months with current employer

• Kindly note that all Arzaq Murabaha Finance facilities are subject to SAIB credit approval and SIMAH (Saudi Credit Bureau) verification.

• Complete SAIB required application form. 

• Introduction letter from employer which would include basic salary, allowance details and the date of employment commencement. 

• Salary assignment letter in favor of SAIB. 

• We can also buy-out your facilities from other banks. The following additional documents are required: Debt letter from existing bank / institution with which you currently have a loan 

• A copy of a valid ID card. We will certify the authenticity of the copy to the original one.

To apply for SAIB Arzaq Murabaha Finance, applicant must meet the following eligibility criteria: 

• Be a Saudi Citizen 

• Be at least 18 years of age 

• Maximum age at maturity of 60 for males and females 

• Work for an employer included in the Bank’s approved list 

• The customer must have a salary account at The Saudi Investment Bank 

Arzaq Murabaha Finance is an Islamic financing product approved by SAIB's Shariah Committee. You can buy a certain quantity of goods owned by the Bank at an agreed profit and repayment plan. You can take possession of the goods, and if you choose not to, we have made it easier to sell the goods on your behalf by signing a procuration (WAKALA) to the merchant. Proceeds will be credited into your account. The goods offered by SAIB include rice and flour.

Compatible with the provisions of Islamic Shariah

Approved by the Bank's Shariah Committee.

Refinance

Customer can refinance after paying the required financing amount .

Additional Finance

Eligibility for an additional finance after having an increase in monthly salary.

Debt Relief

Debt relief in case of death or permanent disability (God forbids).

Sponsor/Guarantor

No Sponsor/ Guarantor required.

Financing Amount Disbursement

Get the finance on the same day In case all applicant documents are complete

• Standard SAIB Personal Finance administration fees will apply.

• Administrative fee not exceeding 1% of the amount of funding or SAR 5,000, whichever is less.

• Work for an employer included in the Bank’s approved list

• The customer must have a salary account at The Saudi Investment Bank

Service period:

• For Government Sector: 1 months with current employer

• For Private Sector: 3 months with current employer

• Kindly note that all Arzaq Murabaha Finance facilities are subject to SAIB credit approval and SIMAH (Saudi Credit Bureau) verification.

• Complete SAIB required application form. 

• Introduction letter from employer which would include basic salary, allowance details and the date of employment commencement. 

• Salary assignment letter in favor of SAIB. 

• We can also buy-out your facilities from other banks. The following additional documents are required: Debt letter from existing bank / institution with which you currently have a loan 

• A copy of a valid ID card. We will certify the authenticity of the copy to the original one.

• To apply for SAIB Arzaq Murabaha Finance, applicant must meet the following eligibility criteria: 

• Be a Saudi Citizen 

• Be at least 18 years of age 

• Maximum age at maturity of 60 for males and females 

• Work for an employer included in the Bank’s approved list 

• The customer must have a salary account at The Saudi Investment Bank

Shares Murabaha Finance is an Islamic financing product approved by SAIB's Shariah Committee.

You buy a certain quantity of local shares owned by the Bank at an agreed upon profit and repayment plan, then the shares are sold and the returns will be deposited to your account.

Compatible with the provisions of Islamic Shariah

Approved by the Bank's Shariah Committee.

Refinance

Customer can refinance after paying the required financing amount .

Additional Finance

Eligibility for an additional finance after having an increase in monthly salary.

Debt Relief

Debt relief in case of death or permanent disability (God forbids).

Sponsor/Guarantor

No Sponsor/ Guarantor required.

Financing Amount Disbursement

Get the finance on the same day In case all applicant documents are complete

Administrative fee not exceeding 1% of the amount of funding or SAR 5,000, whichever is less.

To apply for Retirees Personal Finance, applicant must meet the following criteria: 

• Be a Saudi Citizen 

• Be at least 38 years of age. Maximum age of 65 (at maturity of the finance ).

• Complete Personal Finance application form 

• Copy of a valid National ID card 

• A bank account statement of the last 3 months showing the last 3 salaries stamped by the other bank* 

• A valid release letter from the previous bank where issue date of the transfer letter is aligned with the validity of the release letter 

• If you worked in the public sector: an introduction letter from Public Pension Agency that includes pension income for employees** 

• If you worked in the private sector: an introduction letter from the General Organization for Social Insurance that includes pension income for employees

• Salary assignment / transfer letter to SAIB that includes salary account number and date of salary transfer 

• If the pension salary is not transferred to SAIB 

• The Letter must include PPA or GOSI’s logo, be duly stamped and signed, and indicating the names of the signatories

To apply for Retirees Personal Finance, applicant must meet the following criteria: 

• Be a Saudi Citizen 

• Be at least 38 years of age. Maximum age of 65 (at maturity of the finance ).

It’s never too late to enjoy your life, even after your retirement. SAIB Retirees Personal Finance gives you the opportunity to enjoy a luxurious lifestyle, travel for long periods, and fulfill your dreams to the fullest. 

Compatible with the provisions of Islamic Shariah

Approved by the Bank's Shariah Committee

Refinance

Customer can refinance after paying the required Financing amount

Additional Finance

Eligibility for an additional finance after having an increase in monthly salary

Debt Relief

Debt relief in case of death or permanent disability (God forbids).

Sponsor/Guarantor

No Sponsor/ Guarantor required.

Financing Amount Disbursement

Get the finance on the same day In case all applicant documents are complete

Administrative fee not exceeding 1% of the amount of funding or SAR 5,000, whichever is less.

Service period:

For Government Sector: 1 months with current employer

For Private Sector: 3 months with current employer

and 1 year for expats.

The minimum applicant age must be 18 years old for employed customers, 23 years for expats and 38 years for retirees.

Maximum age is 60 for male and females, and 65 for retirees at time of finance maturity.

Debt Burden Ratio: Not to exceed 33% for employed customers & 25% for retirees. 

Introduction letter from employer, which would typically include salary, allowance details, and joining date.

• For Saudis and Expatriates. 

• Customer must have a salary account and outstanding finance. 

• Customers are not allowed to refinance, unless they pay at least 20% of their current finance amount. 

• Customer must be either a current employee or a retiree from private or government sector that is listed in the SAIB approved list.

Refinance is an Islamic product approved by SAIB’s Shariah Committee. It aims to give the chance to our customers with an existing Murabaha finance at SAIB to repay their outstanding finance, wherein the bank sells to the customer a certain amount of goods that are owned by the bank at an agreed profit and repayment plan. The customer authorizes the merchant to sell the goods on his/her behalf and credit the proceeds into the customer’s account, and then uses a part of the proceeds to repay the current outstanding. The customer may have the rest of the proceeds to benefit and fulfill his/her needs.

Compatible with the provisions of Islamic Shariah

Approved by the Bank's Shariah Committee.

Additional Finance

Eligibility for an additional finance after having an increase in monthly salary.

Debt Relief

Debt relief in case of death or permanent disability (God forbids).

Sponsor/Guarantor

No Sponsor/ Guarantor required.

Financing Amount Disbursement

Get the finance on the same day In case all applicant documents are complete

• Administration Fee: 1% of finance amount or SAR 5,000 (whichever is less) 

• Wakala Fee: SAR 500

Minimum Salary

Government, Semi Government and Military Sectors: Gross salary SAR 6,000 – Basic salary SAR 5,000

Private Sector: Gross salary SAR 8,000 – Basic salary SAR 5,000

Service period

Government, Semi-Government and Military (Officers)

Sector: 1 Month

Military (Soldiers) Sector: 12 Months

Private Sector: 3 Months

• Valid ID Copy. 

• Introduction letter from employer which includes salary, allowance details, and date of joining. 

• Employer’s salary transfer certificate .

• No objection and debit transfer letter from the existing lending bank. 

• Account statement of last 3 months (showing last 3 salaries which are verified from the previous bank). 

• Copy of the work ID card specifying rank or position. 

• For more information please call our toll free number at 800 124 8000.

• For Saudi nationals only 

• Age: Minimum is 21 years, Maximum (at maturity) is 65 years

Our buyout finance (through goods) will pay your existing liabilities from other banks with competitive rate and more advantages! 

• Payment Period: 6 Months – 60 Months

• Finance Amount: SAR 50,000 – SAR 3,000,0000

• Competitive rate

• 50,000 WooW Points

• 50% off administration fee

• Refinance (when settling 20% of the finance amount)

• Shari’ah compliant (based on Murabaha)

• Same day disbursement (if documents are completed)

• End-to-End digital application (through mobile application)

• Additional finance (upon salary increase)

• Free for life Credit Card

• Issuance free Travel Card

• Minimum basic salary requirement 5,000 SAR

The management fees 1% of the financing amount or SAR 5,000 whichever is less.

"Salary Certificate & salary assignment letter 

Bank Statement 

Original ID 

BSF current account"

No matter what your goals are, from managing school fees or buying a new car to investing your money, we’ll help you get there with Saudi Fransi Bank Personal Finance.

Shariah-compliant financing 

Quick turnaround time 

A top up facility is available after repayment of 20% of your existing finance 

Financing of up to SR 2,500,000 

A repayment period of up to 5 years 

Exemption from remaining repayments in case of death (** Terms and Conditions apply) 

Possibility of loan transfer 

The management fees 1% of the financing amount or SAR 5,000 whichever is less.

• Completed application for Murabaha Financing.

• Salary certificate.

• Salary transfer letter from the employer.

• Salary certificate from the employer specifying salary details, current position, and number of years in service.

• Salary assignment letter through “SARE” indorsed by the employer.

• Copy of valid national identification card/Iqama.

Applicant should be 18 years old or more.

• Sharia compliant.

• Possibility of financing pensioners up to the age of 72.

• With salary transfer, outstanding balance will be waived in case of death.

• Completed application for Murabaha Financing.

• Salary certificate.

• Salary transfer letter from the employer.

• Salary certificate from the employer specifying salary details, current position, and number of years in service.

• Salary assignment letter through “SARE” indorsed by the employer.

• Copy of valid national identification card/Iqama.

Applicant should be 18 years old or more.

• Shari’a compliant.

• Special packages for Saudis & Residents.

• Balance transfer from other banks.

• Easy and quick processing.

• Competitive profit margin rates.

• Your additional income is included in the Tawarruq program.

• Completed application for “Financing without Salary Transfer”

• Salary certificate

• Copy of valid national identification card/Iqama.

• Minimum age for Saudis is 23 years

• Personal Finance without Salary Transfer (bank employees only)

• Applicant should be working with the current employer for at least 1 year at the date of applying

• Minimum net monthly income of 10,000 SAR

• Total liabilities in all banks (including Riyad Bank) must not exceed 33% of the salary

• Approved by Riyad Bank’s Shari’a Committee.

• Repayment period up to 5 years.

• Available for Saudis Only (Bank and Bank Subsidiary companies employees).

• Competitive profit margin.

• Flexible payment options.

• Financing amount up to SAR 500,000.

• The merchant has to fill the form with the customer information.

• The Customer must deliver the form to any of Riyad Bank branches.

• The customer should be eligible according to Personal Finance program policies.

• Once the customer request have been approved, the customer will receive the approved copy to deliver it to the entity.

• Customer’s age must be 18 years or above for Saudis and 22 years or above for non-Saudis.

• The customer must be from the government / military / semi-governmental sector / or from the companies approved by Riyad bank from the private sector, in addition to retired customers.

• Compatible with the provisions of Islamic Sharia.

• Easy and fast procedures.

• Flexible repayment period starting from 6 months up to 36 months (as per the agreement with the entity).

• Exemption of heirs from the amounts due in the event of death (God forbid).

• No margin and no administration fee.

• The merchant has to fill the form with the customer information, product amount, and to be stamped.

• The Customer must deliver the form to any of Riyad Bank branches, to validate the customer eligibility according to Personal Finance program polices.

• Once the customer request have been approved, the amount will be deposited into the merchant’s account in exchange to benefit from the required product or service.

• Customer must not be less than 18 years old for Saudis.

• Customer must not be less than 22 years old for non-Saudis.

• Sharia Complaint.

• Waived Profit margin.

• No Administrative fees.

• Salary transfer is not required.

• Expedite Procedures.

• Flexible Payment plan starts from 6 to 36 months (Depending on the agreement with the merchant).

• Financing amount starts from 5,000 SAR up to 200,000 SAR. (Depending on the agreement with the merchant).

• Outstanding balance will be waived in case of death.

• The customer must be an employee of the government / military / semi-government, or an approved company from the private sector, in addition to retired customers.

• Available for customers who are qualified for Personal Finance program (new financing or additional financing.

500 SAR

• The merchant has to fill the form with the customer information.

• The Customer must deliver the form to any of Riyad Bank branches.

• The customer should be eligible according to Personal Finance program policies.

• Once the customer request have been approved, the customer will receive the approved copy to deliver it to the entity.

• The age must not be less than 18 years old for Saudis.

• The age must not be less than 22 years old for non-Saudis.

• 0% profit margin.

• Service valid for one year with the possibility of stopping it at any time.

• Shariah- compliant.

• Get 25% of the monthly salary immediately.

• The merchant has to fill the form with the customer information.

• The Customer must deliver the form to any of Riyad Bank branches.

• The customer should be eligible according to Personal Finance program policies.

• Once the customer request have been approved, the customer will receive the approved copy to deliver it to the entity.

Minimum age is 18 years for Saudis.

• Sharia-compliant.

• Competitive profit margin.

• Easy and convenient procedures.

• Payment of current financial liabilities in other banks and companies (personal loan, credit cards, home finance, auto lease).

• Finance up to 500,000 SAR for non-approved entities and 3 million SAR for approved entities.

• Personal finance up to 60 months.

• Shariah compliant.

• Outstanding balance will be waived in case of death.

Minimum age of 25 years.

• Sharia-compliant.

• Competitive profit margin.

• Easy and convenient procedures.

• Outstanding balance will be waived in case of death.

• Offer is for Saudi customers, and (Gold, Diamond and Private banking) non-Saudis customers.

• Maximum finance of 500,000 SAR.

• Minimum finance of 50,000 SAR.

• Service period must be 12 months or more.

Personal Finance based on business income 

Management Fees 1% of the finance amount or SR 5,000 whichever is less 

Compatible with the provisions of Islamic Sharia 

Finance up to 500,000 SR 

APR starting from 7.66 % including administrative fees 

The ability to re-finance 

Free Takaful insurance covers the remainder of the funding in case of death “God forbid”

Islamic Finance, Sharia Compliant

Finance without salary transfer 

Management Fees 1% of the finance amount or SR 5,000 whichever is less 

Compatible with the provisions of Islamic Sharia 

Finance up to 500,000 SR 

APR starting from 7.66 % including administrative fees 

The ability to re-finance 

Free Takaful insurance covers the remainder of the funding in case of death “ God forbid

Islamic Finance, Sharia Compliant, No Salary Transfer

Administrative charge: 1.15%

• Copy of ID (Saudi nationals)/ Passport copy (GCC nationals and expatriates)/ Iqama valid for a minimum of one month (expatriates)

• A Salary Introduction Letter that is less than one month old

• Salary Assignment Letter (signed by an authorised signatory)

• Customer must be between 40 and 67 years of age

• Minimum monthly pension of SAR 3,000

• Fully Shariah-compliant financing solution

• Financing from SAR 10,000 up to SAR 500,000

• Flexible repayment period from 12 up to 60 months

• No guarantor required

• Waiver of the outstanding finance amount in the event of death or permanent disability (God forbid)

• Fully Shariah-compliant financing solution

• Financing from SAR 10,000 up to SAR 500,000

• Flexible repayment period from 12 up to 60 months

• No guarantor required

• Waiver of the outstanding finance amount in the event of death or permanent disability (God forbid)

• Minimum financing is SAR 50,000.

• Maximum financing up to 80 % of the Deposits amount

• Maximum payment period is 1 year

• Flexible payment options – pay Monthly, quarterly, semiannual or at the end of the term

• Available for all employed or self-employed individuals

• Available to all nationalities

• No salary transfer needed.

• Minimum financing is SAR 50,000.

• Maximum financing up to 80 % of the Deposits amount

• Maximum payment period is 1 year

• Flexible payment options – pay Monthly, quarterly, semiannual or at the end of the term

• Available for all employed or self-employed individuals

• Available to all nationalities

• No salary transfer needed.

• The applicant must be at least 21 years of age and maximum 58 years for government or 60 years for private sector.

• A minimum total salary of SAR 10,000.

• The applicant must be employed for at least 6 months in his/her current job.

• Available for Saudis only

• Available for approved employers list.

• Fully Shariah-compliant financing solution

• Instant approval and you can get your finance within 3 hours, if you have provided all required documentation

• Financing of up to SAR 300,000

• Repayment period of up to 5 years (60 months)

• Ability to select the repayment monthly installment date of your choice.

• Additional personal finance (top up) is possible after paying off a minimum of 20% from your current finance principle amount.

• In case of death or permanent disability (God Forbid), outstanding finance amount will be waived after providing the required documents.

• Fully Shariah-compliant financing solution

• Instant approval and you can get your finance within 3 hours, if you have provided all required documentation

• Financing of up to SAR 300,000

• Repayment period of up to 5 years (60 months)

• Ability to select the repayment monthly installment date of your choice.

• Additional personal finance (top up) is possible after paying off a minimum of 20% from your current finance principle amount.

• In case of death or permanent disability (God Forbid), outstanding finance amount will be waived after providing the required documents.

• Management Fees: 1.15% of the finance amount or SAR. 5,750 whichever is lower

• Late instalment payment: SAR 75

• Early termination (only for the finance contracts executed from 16th of Sept. 2014:) The term cost for the three months following the payment of the early settlement

• Salary certificate from the employer specifying salary details, current position, and number of years in service.

• Salary assignment letter through “SARE” indorsed by the employer.

• Copy of valid national identification card/Iqama.

• Employees of public and private sectors approved by the bank.

• Pensioners.

• Applicant should be 18 years old or more.

• Easy process.
  
• Shariah Compliant
• Competitive profit margin
• The possibility of postponing the first 3 installments.
• Easy installments up to 60 months.
• Possibility of refinancing when 20% of the original finance amount has been paid.

Login to Albilad App

Click on the shopping cart at the bottom of the page 

Choose Personal Financing 

Click on Finance type

Choose the mechanism for applying for the commodity

Fill in the required information then submit the request

Salary Transferred to Bank Albilad

Age must be 18 or older

Customer must be employee in one of the approved employers at Bank Albilad

Monthly net income should not be below 

SAR3000 for Saudi 

SAR3500 for non-Saudi

Here is an example of how the profit margin is calculated:

New Financing

​ Finance amount SAR 100,000 Total profit margin SAR 7,750 APR 3.5% Management fees Management fees is 1% of the Financing Amount with Cap. of SAR 5,000 Finance duration 60 months Total finance cost SAR 107,750 Monthly installment SAR 1,795.8

APR may differ depending on the amount, maturity period and credit scoring of the customer

Personal Finance Benefits

Fast finance applying process around the clock via Albilad App

Sharia compliant 

Financing period up to 60 months

Early settlement is available 

Finance amounts up to SAR 2,000,000

No salary transfer required for other banks employee

Finance for retired customers

Top-Up Finance Benefits 

Fast finance applying process around the clock via Albilad App 

Sharia compliant 

Early settlement is available

One click away from requesting personal financing at anytime and anywhere via Albilad App and without the need to visit the branch ,You can apply for all types of Murabaha Financing through Albilad App (Personal Finance - Top Up Finance - Refinancing) ​

If you are a new customer of Bank Albilad and do not have an account, open your account and request your financing now online via Albilad app.

If you are an existing customer, login to Albilad application, then click on the shopping cart at the bottom of the application, choose Personal Financing and complete the steps...

• Administrative fees: equivalent to 1% of the financed amount, with a maximum limit of SAR 5,000.

• Salary transfer to Alinma Bank.

• Minimum age of 18 is required for Saudis.

• Minimum age of 21 is required for expats.

• Maximum age of 75 years for retirees.

• Minimum net salary starts from SAR 3,000, depending on the sector.

•       Special offers on profit margins, APR 3.61%. The offers are valid from March 6 to April 5, 2025.

•       Choose from shares approved by the Alinma Shariah Board.

•       Get personal financing up to SAR 7.5 million.

•       Enjoy a repayment period of up to 60 months.

•       Available for both Saudis and expatriates.

•       Fully Sharia-compliant.

• Administrative fees: equivalent to 1% of the financed amount, with a maximum limit of SAR 5,000.

• Minimum age of 18 is required for Saudis.

• Minimum age of 21 is required for expats.

• Maximum age of 75 years for retirees.

• Minimum net salary starts from SAR 3,000, depending on the sector.

• Available to employee of an approved entities by Alinma Bank.

• Can be utilized 12 months after approval of personal financing or after repaying 20% of the financed amount.

• Available for Saudi customers only

• Minimum age of 18 is required

• Maximum age of 75 years for retirees is required

• Minimum net salary starts from SAR 3,000, depending on the sector

• Available only for employees of Alinma approved entities

•       Special offers on profit margins, APR 3.61%. The offers are valid from March 6 to April 5, 2025.

•       Enjoy a repayment period of up to 60 months.

•       Get personal financing up to SAR 7.5 million.

•       Fully Sharia-compliant.

• Available for Saudi clients only.

• Minimum age: 18 years.

• Minimum net salary SAR 6,000, depending on sector classification.

• Available for the employees of approved entities.

• Administrative fees equal 1% of the finance amount (maximum SAR 5,000).

• Fully Sharia’h-compliant.
• Repayment period of up to 60 months.
• Available to Saudi customers only.
• The minimum age requirement is 18 years.
• Minimum net salary starts at SAR 6,000 depending on the sector classification.
• Available to employees of Alinma-approved entities.
• Administrative fees are 1% of the financed amount, with a maximum limit of SAR 5,000.
• Profit margin starting from 8% APR, with an annual percentage rate of 14.13%.

• Available for Saudi clients only.

• Minimum age: 18 years.

• Minimum net salary SAR 6,000, depending on sector classification.

• Available for the employees of approved entities.

• Administrative fees equal 1% of the finance amount (maximum SAR 5,000).

• Fully Shariah-compliant.
• Repayment period of up to 60 months.
• Available to Saudi customers only.
• The minimum age requirement is 18 years.
• Available to employees of Alinma-approved entities.
• Administrative fees are 1% of the financed amount, with a maximum limit of SAR 5,000.
• Profit margin starting from 8% APR, with an annual percentage rate of 14.13%.

• Minimum monthly income: SAR 9,000.

• Must be employed by government, semi-government or private sector entities.

• Must be 21 years of age or above.

• ID copy (valid original documents must be presented).

• 6 months bank statement showing salary balances.

• Salary statement and guarantee letter of salary from employer, both addressed to FAB.

• A fund form, filled and signed by the applicant.

• Personal financing of up to SAR 2 million.

• Shariah-compliant.

• Competitive profit rates.

• Minimal documentation required.

• Fast approvals.

• In the case of death or permanent disability, the debt will be waived after the required documents are submitted to the Bank and subject to insurance coverage.

• Management fees: 1% of finance amount (capped at SAR 5,000).

• Late payment fees: SAR 150. 

• EMI deferment fees: SAR 100.

• Shariah compliant.

• Low Annual percentage rate starting from 5.75% (5 year tenor)*

• Financing up to SAR 3,000,000.

• Monthly installments period up to 60 months.

• Possibility of refinance after paying 20% of finance principal.

• Personal Finance Balance Transfer from other banks available.

• In case of customer's death or permanent disability, total outstanding finance amount will be waived.

• Management fees: 1% of finance amount (capped at SAR 5,000). 

• Late payment fees: SAR 150. 

• EMI deferment fees: SAR 100.

• Shariah compliant.

• Salary transfer not required.

• Low Annual percentage rate starting from 8.61% (5 year tenor).

• Monthly installment period up to 60 months.

• Possibility of refinance after paying 20% of finance principal.

• In case of customer's death or permanent disability, total outstanding finance amount will be waived.

• Management fees: 1% of finance amount (capped at SAR 5,000).

• Late payment fees: SAR 150. 

• EMI deferment fees: SAR 100.

• Shariah-compliant Personal Financing

• Low Annual percentage rate starting from 5.75% (5 year tenor)*

• Option to apply for additional funds

• Available for Salary Transfer and Non-Salary Transfer customers

• In case of customer's death or permanent disability, total outstanding finance amount will be waived along with

• Fully Shariah-compliant financing

• Available across all sectors

• Open to both Saudis and non-Saudis

• Attractive profit rates

• Financing of up to SAR 1,600,000

• Flexible payment plans of up to 60 months

• No salary transfer required

• Option for early or partial repayment

Product Terms and Requirements:

Nationality:

That the customer is (citizen or resident) on the job or retired

Employer:

That the customer is an employee of one of the approved employers within the bank

Minimum Age:

18 years for citizens and 23 years for residents

Minimum Salary:

For citizens: 2000 riyals and 1900 for retirees

For residents: 5000 riyals

Customer Age:

The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)

Required Documents:

National identity card or residency card for residents

Salary definition

Salary fixation

Financing application form

• Annual rate starts from 3.07%

• Earn 30,000 mokafaa Points when you apply for watani finance via alrajhi bank app

• Up to 60 months tenure for Saudi and Non-Saudi*.

• Competitive profit margin ratio

• The speedy completion of all procedures for the customer’s financing request

• Enable the customer to benefit from the financing products and other services provided by Al Rajhi Bank

• Financing options for customers about to retire

• Financing options for retired customers

• The ability to apply for a financing and implement it directly through the application

• The possibility of financing non-Saudi customers

• Possibility of early repayment at any time based on the customer's request

• A financing amount of up to 5 million riyals for Saudi and up to 1.5 million for Non-Saudi.

• Exemption from indebtedness in the event of death or total disability, God forbid

• No guarantor is required to obtain financing

Product Terms and Requirements:

Nationality:

That the customer is (citizen or resident) on the job or retired.

Employer:

That the customer is an employee of one of the approved employers within the bank.

Minimum Age:

18 years for citizens and 23 years for residents

Minimum Salary:

For citizens: 2000 riyals and 1900 for retirees

For residents: 5000 riyals

Customer Age:

The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)

Required Documents:

National identity card or residency card for residents

Salary definition

Salary fixation

Financing application form

Quotation Form.

• Without administrative fees

• Up to 60 months tenure for Saudi and Non-Saudi*.

• The speedy completion of all procedures for the customer’s financing request.

• Enable the customer to benefit from the financing products and other services provided by Al Rajhi Bank.

• Possibility of financing retired customers.

• Possibility of financing about to retire customers.

• The possibility of financing non-Saudi customers.

• Possibility of early repayment at any time based on the customer's request.

• Ability to provide the service to another beneficiary of the customer’s choice.

• No guarantor is required to obtain financing.

• Exemption from indebtedness in the event of death or total disability, God forbid.

Product Terms and Requirements:

Nationality:

That the customer is a Saudi citizen

Employer:

That the customer is an employee of one of the approved employers within the bank

Minimum Salary:

For citizens: 2,000 riyals

Minimum Age:

18 years for citizens

The age should not exceed 60 years (when paying the last installment)

Required Documents:

Salary definition

Salary fixation

• Annual rate starts from 0%

• Up to 12 months tenure *.

• The Fast and seamless completion of all procedures for the customer’s financing request

• Enable the customer to benefit from the financing products and other services provided by Al Rajhi Bank

• The ability to apply for a financing and execute it directly through the application

• Possibility of early repayment at any time based on the customer's request

• Finance amount is up to 500,000 SAR

• Exemption of Finance Amount in case of passing away (God Forbid). *

• No guarantor is required to obtain financing

• There is an administrative fee that is calculated at the rate of 1% of the financing amount or 5,000 Saudi Riyals, whichever is lower.

Product Terms and Requirements:

Nationality:

That the customer is citizen on the job or retired

Employer:

That the customer is an employee of one of the approved employers within the bank

Minimum Age:

18 years for citizens

Minimum Salary:

For citizens: 2000 riyals and 1900 for retirees

Customer Age:

The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)

Required Documents:

National identity card

Salary definition

Salary fixation.

Financing application form

• Annual rate starts from 15%

• Earn 6,000 mokafaa Points when you apply for watani 3 via alrajhi bank app

• Up to 60 months tenure for Saudi and 36 months for Non-Saudi*.

• Competitive profit margin ratio

• The speedy completion of all procedures for the customer’s financing request

• Enable the customer to benefit from the financing products and other services provided by AlRajhi Bank

• Possibility of financing retired customers

• The ability to apply for a financing and implement it directly through the application

• Possibility of early repayment at any time based on the customer's request

• No guarantor is required to obtain financing

• Exemption from indebtedness in the event of death or total disability, God forbid

Product Terms and Requirements:

Nationality:

That the customer is citizen on the job or retired

Employer:

That the customer is an employee of one of the approved employers within the bank

Minimum Age:

18 years for citizens

Minimum Salary:

For citizens: 2000 riyals and 1900 for retirees

Customer Age:

The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)

Required Documents:

National identity card

Salary definition

Salary fixation.

Financing application form

• Annual rate starts from 3.32%

• Earn 6,000 mokafaa Points when you apply for refinance via alrajhi bank app

• You can get Watani financing with a maturity period of up to 60 months

• Competitive profit margin ratio

• The speedy completion of all procedures for the customer’s financing request

• Enable the customer to benefit from the financing products and other services provided by AlRajhi Bank

• Possibility of financing retired customers

• The ability to apply for a financing and implement it directly through the application

• Possibility of early repayment at any time based on the customer's request

• No guarantor is required to obtain financing

• A financing amount of up to 5 million riyals *

• Exemption from indebtedness in the event of death or total disability, God forbid

Product Terms and Requirements:

Nationality:

That the customer is (citizen or resident) on the job or retired

Employer:

That the customer is an employee of one of the approved employers within the bank

Minimum Age:

18 years for citizens and 23 years for residents

Minimum Salary:

For citizens: 4000 SAR

For residents 5000 SAR

Customer Age:

The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)

Required Documents:

National identity card or residency card for residents

Salary definition

Salary fixation

Financing application form

• Annual rate starts from 2.64%

• Earn 30,000 mokafaa Points when you apply for buyout via alrajhi bank app

• Up to 60 months tenure for Saudi and Non-Saudi*.

• Competitive profit margin ratio

• The speedy completion of all procedures for the customer’s financing request

• Enable the customer to benefit from the financing products and other services provided by Al Rajhi Bank

• Possibility of financing retired customers

• Possibility of financing about to retire customers

• The possibility of financing non-Saudi customers

• Possibility of early repayment at any time based on the customer's request

• No guarantor is required to obtain financing

• A financing amount of up to 5 million riyals *

• Exemption from indebtedness in the event of death or total disability, God forbid

• Postponing the payment of the customers first two installments

Product Terms and Requirements:

Nationality:

That the customer is (citizen) on the job

Minimum Salary:

3000 riyals

Customer Age:

Civil sector: The minimum period of service is 20 years

Military sector: The minimum period of service is 17 years

GOSI: The minimum period of service is 25 years

Employer:

That the customer is an employee of one of the approved employers within the bank

Customer Age

The age should not exceed 60 years for employees and 75 years for retirees (when paying the last installment)

Required Documents:

National identity card

Salary definition

Salary fixation

Financing application form

• Annual rate starts from 3.07%

• You can get Watani financing with a maturity period of up to 60 months

• Competitive profit margin ratio

• The speedy completion of all procedures for the customer’s financing request

• Enable the customer to benefit from the financing products and other services provided by AlRajhi Bank

• The ability to apply for a financing and implement it directly through the application

• Possibility of early repayment at any time based on the customer's request

• No guarantor is required to obtain financing

• A financing amount of up to 2 million riyals *

• Exemption from indebtedness in the event of death or total disability, God forbid

•       Get personal financing for up to 48 months.

•       Available for both approved and non-approved entities, with salary transfer required.

•       Fully Sharia-compliant.

•       No sponsorship required.