Property Power
It is a personal financing product secured by the property collateral owned by the prospect customers. The property might be a Land, Villa, Apartment & or building where the customer can lien his property that has a clean title deed
- Available to Saudi nationals only
- Other proven income can be considered subject to cap of 50% of the other income
- Minimum salary of SAR 5,000 (government) & SAR 7,500 (private)
Sharia Structure
More features of Property Power
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Life Takaful cover
Let us help your family face any problems resulting from death or disability with coverage up to SR 500, 000 and repatriation of mortal remains to home country in case of death.
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Loan Tenor
Flexible payment terms of up to 240 months with competitive profit margin rates and early settlement options.
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Finance made easy
Quick approvals on a range of solutions for different property types.
Frequently Asked Questions:
Finance Against Property
Finance Against Property
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Can I avail this finance against a property that I bought via installments?No, you cannot.
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Can I avail this finance for a property that I am currently living at?Yes, you can.
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Can I rent the property out during the finance tenor?Yes you can, subject to bank approval.
How To Apply
Please apply for Al Rajhi Insurance via one of the following options
FOR ENQUIRIES CALL:
+9668001241222