Features:
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
Al Rajhi Bank - Personal finance - about to retire customers :
If you are about to retire, get your personal finance with us for up to 60 months.
Flat Rate
starts from 3.07%
Minimum Salary
3000 SAR
Monthly Payment
Salary Transfer
No
Benefits:
• 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