Watani Extra Financing Based on Customer’s Additional Income
Watani Extra Financing (Extra)
Based on Customer’s Additional Income
A feature that allows customers—whether their salary is transferred to Al Rajhi or not—to benefit from extra financing if they have an additional source of income.
Competitive profit rate
Fast completion of all customer financing procedures
Enables customers to benefit from financing products and other services offered by Al Rajhi Bank
Financing available for retired customers
Early settlement option available at any time upon customer’s request
No guarantor required for financing
Debt waiver in case of death or total disability, God forbid*
*Full admin fee waiver. (Limited time offer till 30-06-2025)
Example of the feature:
Example: A customer has a net salary of SAR 10,000 and an additional income of SAR 5,000. They wish to apply for the Extra product. (50% of the average additional income is considered)
Calculation of Additional Income
| Amount | Salary information |
|---|---|
| 12,500 SAR | Calculated Salary |
| 4,166.25 SAR | Installment |
| 3.10% | Rate |
| 216,428.57 SAR | Financing Amount |
Extra calculation
| Amount | Salary information |
|---|---|
| 12,500 SAR | Calculated Salary |
| 5,625 SAR | Installment |
| 3.10% | Rate |
| 292,207 SAR | Financing Amount |
Personal finance calculator
Please note that this calculator only helps you calculate the approximate financing amount and does not represent the exact amount of financing and payments. For actual approval details, please contact us at 8001241222
Your Monthly Payment SAR
0*
Your Finance Amount SAR
0*
Total Amount Payable SAR
0*
APR
0*
Apply Now
Discover the Al-Rajhi banking app
Apply Now
Apply via Al Rajhi Bank Online
Call Now
We're here to help—just give us a call
Via Branches
There is always a branch nearby
Frequently Asked Questions
Get answers to the most frequently asked questions about our service.