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Real Estate Financing “Dari”

Real Estate Financing “Dari” by Bank Albilad
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Your first home is closer than ever!
We at Bank Albilad are keen to provide you with the best real estate financing solutions that meet your needs. With our Shariah compliant financing, you can now own your home with a convenient payment method and a financing period of up to 30 years!
Apply Now!

What are the features of the Real Estate Financing by Bank Albilad?

  • Sharia-compliant financing service  
  • Competitive and fixed profit rate during the whole contract period
  • 5% down payment for REDF and MOH beneficiaries 
  • 10% down payment for all customers 
  • Financing period of up to 25 years
  • Up to SAR 5,000,000 financing amount
  • Available with no salary transfer for banks employees and approved sectors employees
  • Ability to apply for financing jointly with one of your first-degree relatives
  • Early settlement is available as per SAMA regulations​

Terms and Conditions 

 
  • Open current account with Bank Albilad
  • Customer must be 20 years or older
  • Customer must be an employee of a public or private sector approved by Bank Albilad.
  • Customer's salary should be 3,000 SAR or more
  • Customer should be 70 years or younger when making the last payment
  • Real estate must be located within urban area  ​
 

Required Documents

Customer Documents 

  • Valid ID 
  • ID copy for military employees
  • A letter from the customer's employer indicating: monthly salary (Basic and allowances), job title, date of employment
  • A statement of salary transfer from employer ( in case financed with salary transfer)

Real estate documents

  • Copy of the title deed
  • Copy of building permits 
  • Copy of owner ID
  • Sketch of property location
  • Filling “property information” form
  • Filling “financing” form

Terms & conditions apply

FAQs

How can I open a current account through Albilad App?
How can I open a current account through Albilad Net?
How can I request the printed Mada Card after I open my new account online?
How can I activate my Albilad net account?
Once I receive my mada debit card, how can I activate it?
If I don't have an Absher account, How do I authenticate my current account opening using the fingerprint ATM?
How Can I open a supplementary account through Albilad App?
How Can I open a supplementary account through Albilad Net?
What security settings can I change on my online checking account?
What are the services that I cannot avail by opening my account online?