Al Rajhi Bank Personal Financing-i
| Pay | Profit Rate | Max. Financing Amount | Total payment |
| RM 878 / mth | 5.37% p.a. | RM 250,000 | RM 10,537 |
| Pay | Profit Rate | Max. Financing Amount | Total payment |
| RM 878 / mth | 5.37% p.a. | RM 250,000 | RM 10,537 |
I don’t really trust this Al-Rajhi Bank. App seems clunky and the bank calls me from a mobile number to verify my details. The number was 01xxxxxx. Dont tell me they can’t afford to pay for 03 number?
Profit Rate
Al Rajhi Bank offers competitive profit rates starting from 5.42% p.a., depending on your loan amount and tenure.
| Financing Amount | Financing Period | Minimum Income | Profit Rate |
|---|---|---|---|
| RM10,000 – RM250,000 | 12 to 96 months | RM60,000 p.a. | 5.42% p.a. |
| RM10,000 – RM250,000 | 12 to 96 months | RM60,000 p.a. | 6.60% p.a. |
| RM10,000 – RM250,000 | 12 to 96 months | RM60,000 p.a. | 12.67% p.a. |
| RM10,000 – RM250,000 | 12 to 96 months | RM60,000 p.a. | 14.19% p.a. |
Note: The final profit rate depends on the applicant’s credit assessment and profile.
Al Rajhi Personal Financing-i is available to Malaysian citizens who meet the following criteria:
You can utilize Al Rajhi Personal Financing-i for a variety of personal purposes, such as:
Al Rajhi Bank offers debt consolidation options, allowing you to combine multiple debts, such as credit card bills and personal loans, into a single financing plan with lower monthly installments and fixed profit rates.
Once your application is processed, typically within 24 hours, your funds will be disbursed to your Al Rajhi Bank account. You will need to open either a Current Account or Savings Account with the bank if you haven’t done so already.
Your monthly installment will be due on the 1st of every month. It’s essential to ensure timely repayment to avoid unnecessary charges and potential legal action. Timely payments also help maintain your credit score, which can affect future loan applications.
To apply for Al Rajhi Personal Financing-i, you’ll need the following documents:
Al Rajhi Bank considers applicants with a poor credit history based on their current financial management. If you’ve had issues in the past but have improved your payment habits, there may still be a chance for approval.
Applying for Al Rajhi Personal Financing-i is simple:
With Al Rajhi Personal Financing-i, you can access unsecured Islamic financing at competitive profit rates, giving you the flexibility to manage personal expenses, consolidate debts, or finance your goals. Apply now and experience financial peace of mind with Al Rajhi Bank.