Down Payment Subsidy Feature Package for Off-Plan
One of the programs of the Ministry of Municipalities and Housing and the Real Estate Development Fund provides an immediate, non-refundable support amount in the form of an upfront payment to cover the value of the down payment for financing, to facilitate the acquisition of a housing unit under construction, ready-made units, or through self-construction.
Your property with the lowest financing profit rate Exclusively through Al Rajhi Bank
Build your home or own your residential Off-Plan unit with the lowest profit rate exclusively through Al Rajhi Bank in cooperation with the Real Estate Development Fund with “the Lowest Profit rate” Initiative for a limited period.
Un-Refundable Subsidy
Un-Refundable Subsidy up to 150,000 based on customer salary.
Profit Rate
Competitive Profit Rate.
Easy add PF
Customer can apply to PF added to the RE Finance
Payment deferment
Defer principal portion of the installment while unit under construction
How much money can you borrow?
The first step for you is to explore the amount you can borrow. Typically, you can borrow up to 53 times your salary to buy a land. The tables will give you closer idea.
