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Down Payment Subsidy Feature Package for Off-Plan a & Ready units
Down Payment Subsidy Feature is one of MOH and REDF Program & one of the solutions to help Al Rajhi Bank customers to facilitate owning Residential Unit under Construction & Ready units immediate and un-refundable subsidy as down payment subsidy.
Features:
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/L_Best_Rate.png?h=48&iar=0&w=48)
Un-Refundable Subsidy up to 150,000 based on customer salary.
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V123.png?h=48&iar=0&w=48)
Competitive Profit Rate.
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V1Artboard-63-copy.png?h=48&iar=0&w=48)
Customer can apply to PF added to the RE Finance.
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/1/V139.png?h=48&iar=0&w=48)
Defer principal portion of the installment while unit under construction
Terms and conditions:
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_correct_sign.png?h=48&iar=0&w=48)
Customer Age higher than 21 years
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_correct_sign.png?h=48&iar=0&w=48)
Customer must have current account
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_correct_sign.png?h=48&iar=0&w=48)
Customer must be employee in Government or Private sector in ARB
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_correct_sign.png?h=48&iar=0&w=48)
Salary higher than 7,000 SAR
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_correct_sign.png?h=48&iar=0&w=48)
Customer must be beneficiary of REDF /MOH
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_correct_sign.png?h=48&iar=0&w=48)
Customer age mustn’t exceed 75 years @ maturity.
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Dark_Blue/D_correct_sign.png?h=48&iar=0&w=48)
The unit should be within the classification projects in alrajhi bank
Don’t have an alrajhi bank account? Create one now
You can also apply through the following channels
![](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/L_ARB_Website.png?h=513&iar=0&w=513)
Apply Now
You can apply through alrajhi bank Online
![branch](/-/media/Project/AlrajhiPWS/Shared/Home/images/Icon/Endeavor_Blue/L_Bank_branch.png?h=513&iar=0&w=513)
Via Branches
There is always a branch nearby
Home Finance Calculator :
Personal Details:
Enter Your Monthly Salary
- SAR 500 is monthly cashback cap
- Cashback is eligible on transactions done in the eligible cashback categories. As per T&C
- Cashback is eligible on the given credit limit.
Your Monthly Payment
SAR 0*
Your Finance Amount
SAR 0*
Total Amount Payable
SAR 0*
APR
0%
Payable Period
Months
Interested or have an inquiry?
We are more then Happy to help you Exceed your Goals in the Right ways.
You Can
- SAR 500 is monthly cashback cap
- Cashback is eligible on transactions done in the eligible cashback categories. As per T&C
- Cashback is eligible on the given credit limit.