Alinma Bank - Real Estate Re Finance Product

Alinma Bank

Features:

•       Fully Sharia-compliant financing based on Murabaha (goods).

•       Access the difference in amount after settling your existing real estate debt.

•       Initial financing estimates to support better financial planning.

•       Financing up to SAR 10 million and available until the age of 75.

•       Financing may be accessible for non-accredited entities.

•       Flexible repayment terms of up to 25 years.

•       Acceptance of ready properties up to 30 years old.

•       Option to apply the flexible installment feature.

•       Nationwide property acceptance.

•       No down payment required.

•       Exemption from real estate transaction tax.

•       Salary transfer not required for financing.

•       Structured monthly repayment schedule for better financial planning.

•       Early payment option to ease financial commitments.

•       Debt waiver in case of death or total disability (terms and conditions apply).

•       Administrative and property evaluation fees of 1%, capped at SAR 5,000.

•       APR starting from 7.50%.

Alinma Bank - Real Estate Re Finance Product :

A financing product that allows you to refinance your existing real estate loan with Alinma, providing access to additional funds. Available to all non-subsidized customers, the Real Estate Refinance Product offers flexible repayment options designed to suit your financial needs.

Flat Rate

5.89%

Down Payment

No down payment required

Fees & Cost

Administrative and property evaluation fees of 1%, capped at SAR 5,000