Al Rajhi Personal Loan
To begin simply visit your nearest branch.
Al rajhi personal loan. Al rajhi s personal loan is based on commodity trading. Al rajhi bank believes that values define us unite us and garner trust from those they serve. Al rajhi personal financing i is an unsecured personal loan where no guarantor and collateral is needed which is 100 shariah compliant. Al rajhi personal loan al rajhi bank malaysia arbm is a wholly owned subsidiary of the world s largest islamic bank al rajhi bank in the kingdom of saudi arabia.
The guarantor requirements however do subject to applicant s credit score. Honour and respect ensure you get the financial services you need in a most ethical manner. Thanks to a seamless end to end process you can avail a fully sharia compliant personal financing in only 30 minutes. At al rajhi bank we believe that the one thing that holds the world together as people of different nationalities creeds and.
Watani is al rajhi bank s flagship personal finance solution that responds to your short and long term needs at the pace that you desire. From opening your first account to obtaining personal financing we offer a full suite of banking. Tamweel program personal finance sharia compliant products which will allow you to cover your financial needs through selling shares or commodities that were previously owned by the bank and sold to the customers. You can borrow up to rm150 000 unsecured and rm500 000 secured with al rajhi bank s personal loans.
Follow al rajhi bank. The financing application is usually processed within 24 hours after which you will get to access your money via your account with al rajhi bank. Al rajhi bank chairman of the board of directors mr. Here are some of the features that come with al rajhi bank s personal loans.
Al rajhi bank is established on the bedrock values of truth honour and respect. Be it for home renovation or to meet your child s education funds whereby our facility caters for such purpose. What are the fees and charges of this islamic personal loan. Once you have applied for al rajhi personal loan you will be required to open either a current account or savings account with al rajhi bank.
Al rajhi bank personal financing i loan gives you longer tenure period and approved amount up to rm150 000 with interest rate as low as 6 99 p a. Al rajhi bank offers competitive interest rates with its loans helping you to keep your repayments low. Abdullah bin sulaiman al rajhi announced that the bank made profits before zakat in the third quarter of the year 2020 that have reached 2 963 million riyals as opposed to the second quarter of the current year with a 9 increase. Al rajhi bank does not charge a processing fee late payment fee and early termination fees.