Features:
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
Al Rajhi Bank - Personal Finance Top-Up :
The bank grants new financing to the customer through this product without repaying the existing financing and the salary of the new customer is taken into consideration when granting
Flat Rate
starts from 3.32%
Minimum Salary
For citizens: 2000 riyals and 1900 for retirees
Monthly Payment
Salary Transfer
No
Benefits:
• 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