Al rajhi bank new account

Al Rajhi Bank is one of the largest banks in Saudi Arabia, and opening a new account with them is a straightforward process. Here's a step-by-step guide to help you get started:

Eligibility:

To open a new account with Al Rajhi Bank, you must be at least 18 years old and have a valid ID (such as a Saudi ID or a passport).

Required Documents:

To open a new account, you will need to provide the following documents:

  1. Valid ID (Saudi ID or passport)
  2. Proof of address (utility bill, lease agreement, or a letter from your employer)
  3. Proof of income (salary certificate, pension statement, or a letter from your employer)

Account Types:

Al Rajhi Bank offers a range of account types, including:

  1. Current Account: For individuals and businesses, this account allows for unlimited transactions and withdrawals.
  2. Savings Account: For individuals, this account earns interest and has limited transactions and withdrawals.
  3. Islamic Account: For individuals and businesses, this account is Shariah-compliant and earns interest-free profit.

Opening a New Account:

To open a new account, you can visit any Al Rajhi Bank branch during their operating hours. You can also apply online through their website or mobile app.

Online Application:

To apply online, follow these steps:

  1. Visit the Al Rajhi Bank website (www.alrajhibank.com.sa)
  2. Click on "Open an Account" and select the account type you want to open
  3. Fill out the online application form with your personal and contact information
  4. Upload the required documents (ID, proof of address, and proof of income)
  5. Review and submit the application

In-Branch Application:

To apply in-branch, follow these steps:

  1. Visit any Al Rajhi Bank branch during their operating hours
  2. Fill out the account opening form with the help of a bank representative
  3. Provide the required documents (ID, proof of address, and proof of income)
  4. Review and sign the account opening form
  5. Receive your account details and debit card

Fees and Charges:

Al Rajhi Bank may charge fees and charges for certain services, such as:

Please note that fees and charges may vary depending on the account type and your usage.

Conclusion:

Opening a new account with Al Rajhi Bank is a simple process that can be done online or in-branch. Make sure to review the account terms and conditions, as well as the fees and charges, before opening your account. If you have any questions or concerns, you can contact Al Rajhi Bank's customer service or visit their website for more information.