Al Rajhi Bank Personal Loan Interest Rate

It is the discount rate at which the present value of all payments and installments that are due from the borrower representing the total amount payable by the borrower equals the present value of all payments of the amount of financing available to the borrower on the date on which the financing amount or the first payment thereof is available to the borrower.

Al rajhi bank personal loan interest rate. Terms and conditions apply. Al rajhi home financing i assists you in buying your dream house with peace of mind. We offer flexible payment tenures with the capping of profit rate that protects against rising interest rate environment. 8467 king fahd road al muruj dist unit no 1 riyadh 12263 2743 web.

Al rajhi bank offers competitive interest rates with its loans helping you to keep your repayments low. Al rajhi banking investment corp. Thanks to a seamless end to end process you can avail a fully sharia compliant personal financing in only 30 minutes. The annual percentage rate apr.

The personal loan also comes with a minimum income requirement of rm2 000. Financing product approved by al rajhi bank malaysia shariah board. Watani is al rajhi bank s flagship personal finance solution that responds to your short and long term needs at the pace that you desire. Financing tenure of up to 8 years.

The personal loan effective rate for bank rakyat personal financing i aslah swasta starts from 6 16 p a. High financing limit up to 5 or 8 times your monthly income or rm150 000 whichever is lower. Here are some of the features that come with al rajhi bank s personal loans. 1420 it is controlled and supervised by sama.

Al rajhi bank believes that values define us unite us and garner trust from those they serve. Attractive rates as low as 4 99 p a. 966 11 2116000 national address. Other similar personal loans.

Margin of financing up to 90. Acquisition refinancing under construction. You can borrow up to rm150 000 unsecured and rm500 000 secured with al rajhi bank s personal loans. An increase of 2 3.

Covid 19 financial relief assistance bantuan pelepasan kewangan covid 19 the 6 month moratorium will end on 30 september 2020. We understand that you may still be affected by the pandemic and al rajhi bank will continue to support you during this challenging time. Al rajhi bank chairman of the board of directors mr. Al rajhi bank is established on the bedrock values of truth honour and respect.

It has a maximum tenure of 10 years. To begin simply visit your nearest branch.