The best personal and real estate loan are the most important required conditions and papers, as Al Rajhi Bank is considered one of the most important and largest banks located in the Kingdom of Saudi Arabia as it is always famous for granting many loans, and financing with many different facilities, for this it has many clients from inside and outside the Kingdom, and today you can get the best and fastest program of personal finance and easy real estate financing from Al-Rajhi Bank. It is a personal and real experience Real estate financing, with a value starting from 50,000 rials and up to three million Saudi riyals directly from Al-Rajhi Bank, in cooperation with the Real Estate Development Fund of the Ministry of Foreign Affairs.
Read more: How do I obtain financing from non-banks?
Personal and real estate loan Al Rajhi Bank
Al-Rajhi Bank offers its clients the possibility of obtaining the new Al-Rajhi loan without conditions or obstacles that prevent them from obtaining the loan. It is also in comfortable installments and for a payback period of up to 60 months. The profit margin is negligible, and this is done with the aim of providing a solution to the financial or business crisis For your own projects or to buy real estate, and many other things in life, you can also get the new loan from Al Rajhi Bank without endorsement by residents, for all clients who meet the special credit criteria and conditions, and the client's salary must be increased to obtain a loan from Al Rajhi Bank. About 2000 Saudi riyals.
Advantages of a personal and real estate loan from Al Rajhi
- It is a personal financing or a real estate loan that allows the real estate financing client to make Murabaha and the flexibility to buy land or real estate.
- One of its main advantages is that it is an interest-free loan.
- It complies with the provisions of the Islamic Sharia.
- This provides great financial support for customer service that can reach the value of 500,000 Saudi Riyals, with a minimum of 50,000 Saudi Riyals.
- The Al-Rajhi Bank customer can also open a second account within the bank. In addition, know the real estate financing conditions of Al-Rajhi Bank to buy an apartment or a villa or buy land
Documents and conditions required to obtain the loan
- Submit a salary statement.
- Retirement certificate and certificate of insurance required.
- The national identity card must be valid.
- Pay all required administrative fees in the amount of 500 riyals.
- The age of the loan applicant must not exceed seventy years.
- The monthly fee must not be less than 900 Saudi Riyals.
How to apply for a loan
- First, go to the official website of Al-Rajhi Bank.
- Then fill in all the information required for you to register
- Fill out the form on the website
- Then press send request
- You have to wait for them to contact Al Rajhi Bank customer service via their phone number, and this is done in just thirty minutes.
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