Features:

Financing period up to 20 years.

Financing amount up to 5 million riyals.

Shariah compliant financing.

Possibility of financing up to the age of 70 years.

Co-Borrowers feature for customers holding regular Iqama residency.

Financing the customer with or without salary transfer.

Quick and instant approvals.

Competitive and fixed profit margin throughout the financing period.

Possibility of financing all expat customers holding premium or regular residency (provided that the approval of the Ministry of Interior is provided for customers holding regular residency).

Terms and Required documents

Terms and Required documents

  • Length of service period should not be less than 6 months.
  • The salary should not be less than 10 thousand.
  • A statement of salary from the employer.
  • A bank statement showing the salaries deposited for the last two months.
  • Property Title Deed.
  • Property Price.
  • Iqama.
  • National ID (property owner).
  • Passport.
  • Ministry of Interior approval.

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

Joint applicants

Home Finance Calculator

Please note that this calculator only helps you calculate the approximate financing amount and does not represent the exact amount of financing and payments. For actual approval details, please contact us at 8001241222

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