Flexibility in payments with Tasaheal program

Don't worry! Convert your credit card purchases into easy installments through the Tasaheal program. Pay for all your needs effortlessly with a variety of registered merchants offering amazing brands, including home furnishing, home appliances, luxury brands, and even covering school and college fees. Planning a family vacation? No problem! All that and more is possible with the Al Rajhi Bank Tasaheal program, offering monthly installments for up to 24 months.

Tasaheal Program Benefits and available Installment plans

1. 3 months with no profit rate for any transactions.
2. 3 and Up to 12 months! With no profit rate via one of our registered merchants in Tasaheal program.
3. 6 and Up to 24 months, with competitive profit rate.
4. No minimum or maximum limit on transactions.
5. Eligible for any local and international transactions.
6. No down payment needed.
7. First due installment after up to 55 days from the date of transactions.
8. Transactions can be converted to the Tasaheal program with a minimum transaction as agreed upon with the registered merchants in the program.

Easily convert your purchases into an installment plan in 5 easy steps through our alrajhi bank mobile app:

1. After you have made your purchase open the Alrajhi bank mobile app
2. Navigate to your credit card
3. In the card features menu enter “Tasaheal program”
4. Click “Create new installment plan”
5. Select the particular transaction(s) that you wish to convert
6. Or by calling our call center 920003344

This program is subject to the following terms and conditions

1. The (Tasaheal) program is a program that allows the bank’s customers to pay their credit card dues (Murabaha) in installments in accordance with these terms and conditions, while exempting them from some or all of the profit rate associated with the card for the amount of the installment transaction.
2. Only the holder of alrajhi Credit Card (Murabaha) can benefit from the feature of installments of the purchase transaction / installments of the total amounts required on the card, and it cannot be used on other alrajhi bank cards.
3. To benefit from the feature of installments of the purchase transaction: The customer must request that the transaction be converted into installments (via digital channels, phone banking, or any other means determined by the bank) within one month from the date of transaction.
4. The amount of credit limit available on the card account is reduced by the total amount of installments due on the card.
5. The monthly installment related to the installment plan will be added to the total amount due on the card, as part of the monthly statement.
6. Transactions can be converted to the Tasaheal program with a minimum transaction as agreed upon with the registered merchants in the program 
7. The customer can request for early plan cancellation, whereby the remaining balance will form part of the minimum/total due amount payable in the monthly statement.
8. The customer acknowledges agreeing to the terms and conditions pertaining to the tasaheal program through one of alrajhi bank’s approved channels, and the customer will bear all fees incurred for the Tasaheal/installment program and the total amounts required on the card if they are due.
9. All cash withdrawals, cash transfers, charging electronic wallets, payments to financial entities, and payments carried out through the SADAD system are not eligible for conversion to an installment plan.
10. The merchant is solely responsible for all obligations and responsibilities related to the supply of goods or services, or for any defect or damage, with alrajhi bank not bearing any responsibility in this regard.
11. In the event of any dispute occurring with the merchant regarding the purchase or provision of any goods or services, the cardholder must settle these disputes directly with the merchant, and alrajhi bank will not be responsible for investigating or settling any such dispute, and the cardholder’s responsibility and obligation to pay will not be affected.
12. Alrajhi bank reserves the right - without any responsibility - to cancel or suspend the installment option program in the event of failure to pay the due installment on time.
13. All data related to the request will be displayed, including: tenure of the installment plan, total amount, and installment due, in addition to the date and fees related to that, before the installment plan conversion is carried out by the customer.

Available Instalment plans & Fee schedule:

*The monthly fees is applied on a monthly basis, based on the Tasaheal installment plan chosen by the customer.

**Fees are charged only once, upon the date of converting the transaction into a Tasaheal program.

An example of a transaction of SAR 5,000 converted to Tasaheal:

1. In case of renewing the credit card, all transactions made with the old credit card will be transferred to the new credit card including installment plans.
2. The bank has the right to amend these fees, and a notification will be sent to the cardholder through the official channels of communication, 30 days prior to the effective date of the amendment.
3. The installment program (Tasaheal) is subject to these terms and conditions in addition to the terms and conditions of the alrajhi credit card, along with any other terms and conditions set by alrajhi bank.
4. In case of conflict between these terms and conditions and the terms and conditions of alrajhi credit cards, these terms and conditions will apply to the installment program to the extent applicable.
5. In the event of a conflict between the Arabic text and its English translation, the Arabic text shall prevail.
6. These terms and conditions are subject to and interpreted in accordance with the laws of the Kingdom of Saudi Arabia