Residential Finance

No evaluation and administration fees.

APR starts from 3.94% 

The campaign applies for the following products:

  • Campaign includes all subsidized and non-subsidized products for more details Click here.  
  •  Salary transfer required for non-REDF equity release product for more details Click here.

Personal Finance

  • No administration fees.
  • 0% Profit rate.
  • The maximum amount of personal finance is SAR 500,000

Terms and conditions

  • It is required to have signed mortgage deal contract from 06/02/2022 (any real estate financing applications entered before this date does qualify to this offer).

Credit Card 

  • Free for life new credit card (classic or platinum) 
  • Cash balance SAR 5,000 as gift deposited in customer’s credit card account as per customer’s choice as follow:

o    Deposit the amount into the new credit card account.
o    Deposit the amount into an active credit card was issued earlier by the customer.

Terms and conditions 

  • It is required to have signed mortgage deal contract from 06/02/2022 (any real estate financing applications entered before this date does qualify to this offer).
  • The limit of the credit card will be determined based on debt burden ratio (DBR) of the customer.
  • The cash balance will be used to close the outstanding for an active credit card if any.