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More information
  • Cashback of SAR 30,000
  • A financing amount of up to SAR 5 million
  • Special profit margin
  • Flexible payment plans
  • Shari’a compliant
  • Credit Counseling
 
  • Developer Name: Almajdiah Residence
  • Project name: Al Malqa 117 project, Al Nakheel 119 project, Al Malqa 120 project, Al Yasmeen 124 project
  • City: Riyadh
  • Neighborhood: Al Malqa, Al Nakheel, Al Yasmeez

Advantages:

  • Special profit margin and a cashback of SAR 30,000
  • Smart entry
  •  Underground parking
  • Security cameras
  • Premium facilities
Read more
Terms and Conditions
Terms and Conditions

  • Offer is valid until 01/07/2023

  • Available to Saudis only

  • Salary transfer is not required for all customers, except for retirees and unaccredited private sector employees

  • Minimum salary:

  • The government and military sector and major companies:

  • For salary transfers: SAR 5,000

  • For non-salary transferees: SAR 8,000

  • Certified companies in the private sector:

  • For salary transfers: SAR 5,000

  • For non-salary transferees: SAR 8,000

  • Non-accredited companies in the private sector:

  • For salary transfers: SAR 8,000

  • Retired clients with salary transfer only: SAR 3,000

  • Bank employees without salary transfers: SAR 8,000

  • Customer must be 20 years old and above

    Terms and conditions apply

Read more
How to Apply
How to Apply

All you need to do is visit your nearest Riyad Bank branch with the following documents: documents:

  • Copy of valid Saudi national ID
  • Completed application form for Home Finance
  • Completed applicant undertaking form
  • Completed applicant health declaration
  • Salary certificate with salary details
  • Bank statement
  • Deposit of valuation fees
Read more
What's after applying online?

Visit your nearest Riyad Bank branch with the following documents:

  • Copy of valid Saudi national ID
  • Completed application form for Home Finance
  • Completed applicant undertaking form
  • Completed applicant health declaration
  • Salary certificate with salary details
  • Bank statement
  • Deposit of valuation fees

For more information please call our toll free number 800-124-2020

The calculations allow you to only simulate approximate loan amounts and estimated monthly repayments. For exact figures please contact us on: 800-124-2020, or visit any of our branches here.
Read more
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Please complete the form below

Type Four Apply Now

Thank you for applying. Your Reference Number is

A representative from Riyad Bank will contact you to complete your request.
Keeping in mind that a current account is required to obtain any product or service from Riyad bank, if you do not have one yet, you can open an account from here

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Our apologies. With the provided information, you are not eligible for a home loan
Employment Eligibility Personal Information
step 1 of 3

Monthly installment

S..R

Profit Added

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Total Eligible Amount

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Total Repay

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Down Payment

 S..R

VAT (15%)

 S..R

Finance Period (in Years)

 Years

Admin Fees

 S..R

Loan To Value Ratio

 

Annual Percentage Rate

 

* All amounts are in S..R
* Please note that these are simulated amounts and they represent an approximation and not the exact numbers.
* For early settlement, financing contracts terms & conditions will be applied

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