Home Equity

A product that enables the customer who owns a property (Villa or Apartment) to obtain financial liquidity against the property and pledge the property as collateral to The Saudi Investment Bank with easy repayment options.

Features & Benefits

No down payment required. The property value will be considered as a down payment

Finance Amount: SAR 350,000 – SAR 7,000,000

Payment Period: 60 – 300 months

End-to-End digital application (through mobile application)

Shari’ah compliant (based on Murabaha)

WooW points

Free Takaful Life Insurance coverage against death or permanent disability – God Forbid

Free Takaful Home Insurance coverage against disasters, such as fires, floods, storms, earthquakes, and others that arise to such damage

Product Risks

To view the Home Finance product risks, click here


  • For Saudi nationals only
  • Age: Minimum is 23 years, Maximum (at maturity) is 70 years
  • Salary Account with The Saudi Investment Bank

Service period

  • Government Sector: 3 Months and private Sector: 12 Months

* Terms and conditions apply.

Documents required

  1. Valid ID Copy
  2. Fill required forms by the Bank
  3. Salary assignment letter to The Saudi Investment Bank
  4. Introduction letter from employer which includes salary, allowance details, and date of joining 
  5. Other documentation will be required in regards to the property (Varies based on the property type)

For more information please call our toll free number at 800 124 8000.


  • Administration Fee: 1% of finance amount or SAR 5,000 (whichever is less)


Is the SAIB Home Equity product Sharia'a compliant?

Yes. This product is Sharia’a compliant and has been designed on the basis of Islamic principles.

What is the maximum financing tenor?

Up to 20 years

How can I apply for this product?

To apply for this product, call 800 124 8000 or follow the below instructions:

  • Login to your banking account from our mobile application (Click here to login)
  • From the home list, click “Loans and Investments”
  • Choose “Home Finance”, then click on “Continue”
  • Fill the application details
  • Upload the required documents
  • Read then accept the terms and conditions
  • Submit your application

Done! Request is submitted successfully!

If you have any inquiries, contact our Phone Banking “Flexx Call” at 8001248000

How long does it take to get the Finance?

SAIB guarantees in-principle approval within 24 hours, and a final approval within 12 business days (subject to complete documentation).

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