About offer

1.Personal Finance:
Get financing of up to SAR 1.5 million with no restrictions on end of service benefits, and enjoy flexible repayment terms of up to 60 months. Benefit from competitive annual profit rates and quick approvals to help you achieve your financial goals.
2.Free Involuntary Loss of Employment Insurance Policy:
Secure your future with free Involuntary Loss of Employment Insurance. Get 12 months of free protection with coverage up to SAR 20,000 to ensure your financial stability during a period of unemployment.

Terms and Conditions

-The offer is available for expat residents in Saudi Arabia.
-The offer is available on all channels (branch and digital)
-The offer is valid for personal finance applications submitted between 1 October and 31 October.
-The minimum financing amount is SAR 65,000
-Approval of the finance is subject to the bank’s policies and credit assessment.
-Free Involuntary Loss of Employment Insurance is provided only after the personal finance is fully executed.
-If a customer applied for personal finance before the offer period and executes it within the offer period, they will still be eligible for the free Involuntary Loss of Employment Insurance.


For Involuntary Loss of Employment Insurance Policy:
-The insurance policy is valid for 12 months, starting from the date the personal finance is executed.
-Claims will be accepted after a 90day waiting period from the start date of the insurance policy.
-The insurance provides a maximum lump sum payout of up to SAR 20,000 or 6 months’ salary, whichever is lower, based on your salary and subject to policy terms.
-The insurance is valid for involuntary unemployment and subject to the terms & conditions set by Alrajhi Takaful.