The top benefits of Alrajhibank Personal Financing are:
✅ Annual interest rate starting at just 3.07%
✅ Flexible repayment terms up to 60 months
✅ Financing available up to SAR 5,000,000
✅ No guarantor needed and early repayment allowed
✅ Quick application via mobile app or online
Why Alrajhibank Personal Financing makes sense
Alrajhibank Personal Financing brings practical credit access with a smooth digital experience. Whether you’re employed or retired, the process is designed to be fast and paperless. With one of the lowest entry rates in the region—starting at just 3.07% per year—you can borrow with a clearer long-term repayment view.
Its usability stands out. Clients can apply directly through the bank’s app, submit all documents digitally, and manage their loan with in-app features like repayment tracking and rewards. The maximum loan amount of SAR 5 million suits both personal and high-value demands, like education, home renovation, or medical expenses.
Compared to conventional loans from other banks in Saudi Arabia—many of which still require in-person steps or guarantors—this product is clearly ahead in accessibility. While credit cards offer revolving debt and potentially higher interest rates, Alrajhibank’s loan encourages structured repayment and smart use of credit.
Author’s opinion
Alrajhibank Personal Financing checks many boxes for individuals seeking reliable, sizable credit. The flexible terms and competitive interest rate structure offer a solid base for medium- to long-term planning. Not needing a guarantor reduces friction in the approval process, and retirees are still eligible—an inclusive feature often missing in other offerings.
On the flip side, the minimum salary requirement (SAR 2,000 for employees and SAR 1,900 for retirees) and the restriction to approved employers could be a barrier for freelancers or those working in informal markets. Additionally, while the rate begins at 3.07%, it’s important to note that actual APRs may reach higher levels depending on the applicant’s profile.
Simulation example:
Let’s say you apply for SAR 150,000 over 60 months with an average APR of 6.43%. Your estimated monthly payment would be around SAR 2,884. That makes the repayment manageable for middle- to upper-income earners, especially when there’s room for early repayment and no hidden fees along the way.
Alrajhibank also adds value through its loyalty program: clients earn 6,000 reward points when completing financing through the app. This adds an incentive layer for digital-savvy users looking to maximize their experience.
Want to apply for Alrajhibank Personal Financing?
Click below to learn how to start your application and explore full terms, conditions, and rate breakdowns. Alrajhibank Personal Financing is a solid alternative for those who seek flexible and reliable credit. Let us guide you through the next steps and show how to secure yours with ease.