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Off-Plan Sale
Finance to purchase property villa or apartment to be built or semi-built by ARB approved developer in a maximum of 36 months, the product is available for REDF customers and alrajhi bank customers.
Features:

Principle deferment for the first 36 Months for REDF customers

Shariah compliant financing

financing period up to 25 years

Quick and instant approvals

Available for salary and Non-salary transferred customers

Available for approved and un-approved employers

Flexible installment feature

Financing up to the age of 70

Competitive and fixed profit margin throughout the financing period

financing amount up to SAR 5 Million

“ waiver/exemption of outstanding finance amount in the event of death or disability”

Co- Borrower concept only for Non REDF customers
Terms and Required documents

A statement of salary transfer from employer ( in case financed with salary transfer)

Monthly expense declaration form

Valid ID

Providing price quotation for the unit desired from one of the approved projects by alrajhi bank

Salary certificate from employer

Saudi nationality only

Minimum age of 18

Minimum service 3 months

Salary starts from 7,000 for salary transfer and 10,000 for non-salary transfer

Filling "financing" form Submit Now
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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.
Single Applicant
Your Monthly Salary | You Can Borrow | You Pay Monthly | |
20 Years | 30 Years | ||
SAR 5,000 | SAR 353,357 | SAR 477,454 | SAR 2,500 |
SAR SAR 8,000 | SAR 621,908 | SAR 840,318 | SAR 4,400 |
SAR 10,000 | SAR 848,057 | SAR 1,145,889 | SAR 6,000 |
SAR 12,000 | SAR 1,060,071 | SAR 1,432,361 | SAR 7,500 |
SAR 15,000 | SAR 1,272,085 | SAR 1,718,833 | SAR 9,000 |
Joint Applicants
Your Monthly Salary | Salary of Joint–Applicant | You Can Borrow | You Pay Monthly | |
20 Years | 30 Years | |||
SAR 5,000 | SAR 3,000 | SAR 621,908 | SAR 840,318 | SAR 4,400 |
SAR 7,500 | SAR 5,000 | SAR 954,064 | SAR 1,289,125 | SAR 6,750 |
SAR 10,000 | SAR 8,000 | SAR 1,272,085 | SAR 1,718,833 | SAR 9,000 |
SAR 12,000 | SAR 10,000 | SAR 1,590,106 | SAR 2,148,541 | SAR 11,250 |
SAR 15,000 | SAR 12,000 | SAR 1,908,127 | SAR 2,578,249 | SAR 13,500 |
You can also apply through the following channels

Apply Now
You can apply through alrajhi bank Online

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
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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.