Down Payment Subsidy Feature Package for Off-Plan
Down Payment Subsidy Feature Package for Off-Plan
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Down Payment Subsidy Feature Package for Off-Plan
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 with immediate and un-refundable subsidy as down payment subsidy.
Features:
Un-Refundable Subsidy up to 150,000 based on customer salary.
Competitive Profit Rate.
Customer can apply to PF added to the RE Finance.
Defer principal portion of the installment while unit under construction
Terms and conditions:
Customer Age higher than 21 years
Customer must have current account
Customer must be employee in Government or Private sector in ARB
Salary higher than 7,000 SAR
Customer must be beneficiary of REDF /MOH
Customer age mustn’t exceed 75 years @ maturity.
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
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
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.
Frequently Asked Questions:
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