As part of its efforts to launch various advanced financial solutions, Bank AlBilad continues to provide a wide range of options for real estate financing products, including real estate debt repayment, which enables customers who were granted real estate financing in the form of Ijarah, to repay their existing debts and rearrange their financial positions by transferring their real estate financing from Ijarah-based to Murabaha-based with a competitive and fixed profit margin throughout the financing period.

Real Estate Debt Repayment product has many features, foremost of which:

• Fixed monthly installment throughout the financing period.

• Fixed and competitive profit margin throughout the financing period.

• Possibility to get finance without an advance payment.

• Financing up to 25 years.

• Possibility of financing without salary transfer for banks’ employees. 

• availability of joint financing option.

It is worth mentioning that Bank AlBilad allows its customers to take advantage of various products and services through the network of branches throughout the country, exceeding 150 branches offering banking services including 5 sales centers in (Riyadh-Jeddah, Dhahran-Al kharj and Tabuk) working until 9 pm, in addition to 2 branches working 24/7, namely Bank AlBilad Branch at Prince Mohammed Bin Abdulaziz International Airport in Medina and Enjaz Branch at Riyadh King Khalid International Airport. Bank AlBilad also encompasses network of more than 900 ATMs, coupled with the latest integrated electronic services via AlBilad Net through the Bank’s website www.bankAlBilad.com, AlBilad smartphone app and AlBilad phone NO: 920001002, or communication around 24-hour via all social media channels including Twitter, Facebook, Instagram and LinkedIn, to serve “AlBilad” customers and meet all their banking needs.