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  • 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
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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

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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
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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.
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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

 S..R

Total Eligible Amount

 S..R

Total Repay

 S..R

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
* The Annual Percentage Rate(APR) calculation is based on the default assumption that the financing date is the date of inquiry and first installment due date is the 27th of the following month. Actual APR may vary depending on the final approved financing date and installment schedule and customer specific credit terms.

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