Program features:

  • Competitive Profit Margin.
  • Non-refundable subsidy up to SAR 150,000 depending on beneficiary’s net income.
  • Applies for Self-Construction product. 

* APR starts from 6.26%.

* Administration and evaluation fees are 1% of the total amount of funding or up to SR 5,000 and subject to 15% Value Added Tax (VAT)..

For Examples of declaration tables click here

Terms and Conditions:

  • Meet the requirements of self-construction product, in addition to:
  • Obtaining REDF approval for the self-construction package.
  • The minimum age is 18 years and not to exceed 70 years at finance maturity.
  • The minimum net salary is SAR 5,000.
  • The beneficiary is eligible for one subsidy program only.
  • Beneficiary eligibility criteria should comply with SAMA regulations.

Risks related to the mortgage product

IBAN Generator
Credit Card Application
Finance Application
RADI
Bank AlJazira, A Saudi Joint Stock Company, Fully paid capital SAR 10,250,000,000, Commercial Registration No: 4030010523, Head office: Jeddah – Saudi Arabia, P.O. Box 6277
Jeddah 21442 Telephone: +966 12 609 8888 – Fax +966 12 609 8881, National Address: Bank AlJazira – King Abdulaziz Branch Rd – Ash Shati District Building No. 7724
Zip code 23513, Additional No. 3551, unit No.1 Website: www.baj.com.sa, Bank AlJazira is under the supervision of Saudi Central Bank