Features:
• An approved product by the Shariah committee in the form of Murabaha
• Available in fixed pricing and financing with a fixed competitive annual percentage rate
• Available for government, semi-government, and private sectors
• Loan to value starts from 85% up to 90%*
• Maximum financing amount up to 5,000,000 Saudi Riyals
• Financing period up to 30 years
• Waiver of outstanding amount in case of death or permanent disability, God forbid
• Fast and easy processing
Emirates NBD Saudi - Murabaha Home Financing :
A house that your family can call home.
Own your home on installments with Murabaha Home Financing product.
Flat Rate
Down Payment
Monthly Payment
Minimum Salary
SAR 9,000 for salary transfer customers and SAR 12,000 for non- salary transfer customers
Fees & Cost
Eligibility:
• Applicant must be a Saudi National
• The applicant must be 21 years old
• Property must be a within the boarders of the Kingdom of Saudi Arabia
• Applicant’s length of service should not be less than 3 months
• Minimum monthly salary of SAR 9,000 for salary transfer customers and SAR 12,000 for non- salary transfer customers.
Documents required:
• The proof pf ownership.
• A copy of building permit, and the building completion certificate.
• A filled and signed seller’s proposal by the property owner.
• A copy of the seller’s valid ID
• Property location sketch.
• Filling the home financing application form.
• A detailed salary slip that includes the allowances “if any”.
• A copy of the valid ID.
• A statement of account for the last 3 months that shows receiving the salary.