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Breadcrumb

overview
More information

  • No administrative fees

  • A financing amount of up to SAR 5 million

  • Special profit margin

  • Flexible payment plans

  • Shari’a compliant

Credit Counseling

About the project:

  • Developer Name: Thabat Al Maskan

  • Project name: MADD QAMRAH

  • City: Safwa

  • Neighborhood: Safwa housing

  • Description of the project: With the project of building a homeland and reflecting a vision, the project is located in the city of Safwa of Eastern Region and extends over an area of 230,000 square meters within the project of Safwa housing

Advantages:

  • Special profit margin

  • Warranty up to 10 years

  • Facilities and amenities

Read more
How to Apply
How to Apply

All you need to do is 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
Read more
Terms and Conditions
Terms and Conditions
  • The offer is valid until 21/09/2023
  • 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
What's after applying online?
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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Apply Online - MADD QAMRAH project

Own your home now in MADD QAMRAH project, developed by Thabat Al Maskan, and get a special profit margin for Riyad Bank customers.
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

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

Monthly installment

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Profit Added

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Total Eligible Amount

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Total Repay

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Down Payment

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VAT (15%)

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Finance Period (in Years)

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Admin Fees

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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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