DOCUMENTS REQUIRED
(Account Kholne Ke Liye Kya Kya Chahiye?) 🟢 SCENARIO A: IQAMA HOLDER (Resident Expat — Already Working)
# DOCUMENT DETAIL ZAROORI HAI? 1 Valid Iqama Original + Copy. Expired nahi hona chahiye. ✅ MUST 2 National Address Absher mein registered hona chahiye. Bank isko verify karega. ✅ MUST 3 Valid Passport Original dikhana padega. Min 6 months validity preferred. ✅ MUST 4 Saudi Mobile Number Absher se linked hona chahiye. OTP aayega ispe. ✅ MUST 5 Absher / Nafath Access Digital verification ke liye. App se kholne par mandatory. ✅ MUST 6 Employer/Salary Letter Kuch cases mein maanga jaata hai. Salary transfer waale account ke liye. ⚠️ SOMETIMES
Method: ✅ 100% ONLINE — Al Rajhi App ya Website se ghar baithe khulega.
🟡 SCENARIO B: NEW ARRIVAL (Abhi Iqama Nahi Bana — 90 Day Visa Par)
# DOCUMENT DETAIL ZAROORI HAI? 1 Valid Passport Original. Minimum 6 months validity honi chahiye. ✅ MUST 2 Entry/Business Visa Valid work visa ya business visa stamp passport mein. ✅ MUST 3 Employer Introduction Letter Company ke letterhead par. Aapka naam, designation, salary mentioned. ✅ MUST 4 Temporary Address Proof Hotel booking, rental agreement, ya company accommodation letter. ✅ MUST 5 Saudi Mobile Number Active SIM card chahiye (Jawwy/STC/Mobily se le sakte hain). ✅ MUST
Method: ❌ BRANCH VISIT ZAROORI HAI — Online nahi khulega. Nearest Al Rajhi branch jaana padega.
🔵 SCENARIO C: VISITOR / TOURIST (Umrah/Hajj/Short Stay)
# DOCUMENT DETAIL ZAROORI HAI? 1 Visitor ID Late 2025 se SAMA ne allow kiya hai. Digital ID milti hai. ✅ MUST 2 Valid Passport Original passport dikhana hoga. ✅ MUST 3 Saudi Mobile Number OTP verification ke liye active number chahiye. ✅ MUST
Method: ✅ App/Branch dono se possible hai (SAMA late-2025 rule).
🟣 SCENARIO D: DEPENDENT (Wife / Children — Family Account)
# DOCUMENT DETAIL ZAROORI HAI? 1 Guardian’s Iqama Primary account holder (father/husband) ka valid Iqama. ✅ MUST 2 Dependent’s ID / Passport Dependent ka apna ID ya passport. ✅ MUST 3 Family Relationship Proof Iqama par dependent status ya Family ID document. ✅ MUST
Method: ✅ 100% ONLINE — Guardian apne Al Rajhi App se khol sakta hai.
ELIGIBILITY CRITERIA
(Kaun Account Khol Sakta Hai? Kaun Nahi?) # ELIGIBILITY PARAMETER REQUIREMENT / CONDITION APPLICABLE TO 1 Legal Status in KSA Must hold one of these:Saudi National ID Valid Iqama (Resident Permit)Valid Visa (Work/Business/Visit)Visitor ID (Tourist) Everyone 2 Minimum Age 18 years or above for independent Current AccountAdults 3 Minor Account (Under 18) 0–17 years — Allowed ONLY through guardian’s existing account (Dependent/Family Account)Children 4 Legal Capacity Must be mentally sound and legally capable to enter into a contract Everyone 5 National Address Must be registered in Saudi National Address system (via Absher/Saudi Post) Iqama Holders 6 Absher/Nafath Verified Digital identity verification must be active and functional Digital Opening 7 Existing Current Account (for Savings) To open Hassad , Future , Awaeed , or Million account, you MUST first have a Current Account with Al Rajhi Savings Products 8 Salary Transfer (for Perks) Not mandatory to open, but salary transfer to Al Rajhi unlocks benefits like loans, credit cards, higher limits Optional but Recommended 9 Blacklisted / Defaulter If you are blacklisted by SIMAH (Saudi Credit Bureau) or have pending legal issues, account may be refused Restriction 10 Multiple Accounts You CAN hold multiple accounts (Current + Savings + Investment) under one profile Everyone
❌ KAUN ACCOUNT NAHI KHOL SAKTA?
# SITUATION RESULT 1 Iqama expired hai ❌ REJECTED — Pehle Iqama renew karo 2 National Address registered nahi hai ❌ REJECTED — Pehle Absher mein address add karo 3 SIMAH mein blacklisted ho ❌ REJECTED — Pehle credit issues resolve karo 4 Under 18 without guardian ❌ REJECTED — Guardian chahiye 5 Illegal resident (no valid papers) ❌ REJECTED — Legal status zaroori hai
FEES & CHARGES
(Kitna Kharcha Aayega? — Effective February 20, 2026) 🟢 ACCOUNT OPENING & CARD FEES
# SERVICE FEE (SAR) VAT 15% TOTAL (SAR) NOTE 1 Account Opening 0.00 0.00 FREE Current, Savings, all types 2 Account Closing 0.00 0.00 FREE No penalty 3 Mada Debit Card — New Issue 0.00 0.00 FREE First card free 4 Mada Card — Annual Renewal 0.00 0.00 FREE Auto renewal 5 Mada Card — Replacement 10.00 1.50 11.50 Lost / Damaged / 3 wrong PINs 6 Additional Mada Card 10.00 1.50 11.50 If you want extra card
🟡 ATM & CASH FEES
# SERVICE FEE (SAR) VAT 15% TOTAL (SAR) NOTE 7 Al Rajhi ATM Withdrawal 0.00 0.00 FREE Unlimited 8 Al Rajhi ATM Deposit 0.00 0.00 FREE Cash/Cheque 9 Other Bank ATM (Saudi) 2.00 0.30 2.30 Per transaction 10 GCC Country ATM 10.00 1.50 11.50 Per transaction 11 International ATM 17.00 2.55 19.55 Per transaction 12 Branch Cash Deposit 0.00 0.00 FREE Any Al Rajhi branch 13 Branch Cash Withdrawal 0.00 0.00 FREE Any Al Rajhi branch
🔵 TRANSFER FEES
# SERVICE FEE (SAR) VAT 15% TOTAL (SAR) NOTE 14 Al Rajhi to Al Rajhi 0.00 0.00 FREE Same bank transfer 15 Local Transfer (SARIE) — Online 7.00 1.05 8.05 To other Saudi banks 16 Local Transfer (SARIE) — Branch 25.00 3.75 28.75 Same service, branch costly! 17 International Transfer — Online ~50.00 7.50 ~57.50 Standard electronic 18 International Transfer — Branch ~75.00 11.25 ~86.25 Branch always expensive 19 Standing Order Setup 0.00 0.00 FREE Auto monthly transfers
🟣 OTHER IMPORTANT FEES
# SERVICE FEE (SAR) VAT 15% TOTAL (SAR) NOTE 20 Account Statement (Online) 0.00 0.00 FREE App/Website se download 21 Account Statement (Branch) 25.00 3.75 28.75 Paper statement 22 Cheque Book (10 leaves) 0.00 0.00 FREE First book free 23 Cheque Book (25 leaves) 25.00 3.75 28.75 Additional books 24 Balance Certificate 50.00 7.50 57.50 Embassy/Visa purposes 25 Account Freeze/Unfreeze 0.00 0.00 FREE Temporary hold 26 SMS Alerts 0.00 0.00 FREE SAMA mandated free 27 POS Transactions (Mada) 0.00 0.00 FREE Shop anywhere in KSA 28 Online Shopping (Mada) 0.00 0.00 FREE E-commerce purchases
⚠️ FEES SAVING TIP:
ACTION BRANCH COST ONLINE COST SAVINGS Local Transfer 28.75 SAR 8.05 SAR Save 20.70 SAR per transferInternational Transfer ~86.25 SAR ~57.50 SAR Save ~28.75 SAR per transferAccount Statement 28.75 SAR FREE Save 28.75 SAR
💡 Rule: Hamesha ONLINE karo. Branch jaana = Extra paisa dena.
PROFIT RATES (Munafa / Returns)
(Shariah-Compliant Mudaraba — Koi Interest Nahi, Halal Profit) 🟢 CURRENT ACCOUNT — Profit Rate
ACCOUNT PROFIT RATE MIN BALANCE NOTE Current Account 0.00% No minimum Yeh sirf daily transactions ke liye hai. Koi profit nahi milega.
🟡 HASSAD SAVINGS ACCOUNT — Tiered Profit Rates
# BALANCE RANGE (SAR) EXPECTED ANNUAL PROFIT RATE PROFIT DISTRIBUTION 1 5,000 — 99,999 2.40% Monthly 2 100,000 — 299,999 2.70% Monthly 3 300,000 — 499,999 3.00% Monthly 4 500,000 — 1,999,999 3.20% Monthly 5 2,000,000 — 4,999,999 3.50% Monthly 6 5,000,000+ 3.60% Monthly
HASSAD IMPORTANT RULES DETAIL Minimum Balance for Profit SAR 5,000 — Isse neeche koi profit nahi milegaBelow 5,000? Account active rahega but 0% profit Withdrawal Flexible — Kab bhi nikal sakte ho, penalty nahi Requires Current Account? ✅ YES — Pehle Current Account hona chahiye Zakat Bank proportionally bears; customer’s share may be exempt Risk Mudaraba basis — Customer ko loss ka risk hai (rare but possible)
🔵 FUTURE ACCOUNT — Long Term Savings
TENOR (Months) EXPECTED ANNUAL EQUIVALENT RATE (AER) TYPE 6 Months ~2.50% Short Term 12 Months ~3.00% Medium Term 24 Months ~3.50% Medium Term 36 Months ~4.00% Long Term 60 Months Up to 4.77% Maximum Return
FUTURE ACCOUNT IMPORTANT RULES DETAIL How it works Monthly auto-deduction from Current Account Minimum Monthly Deposit Bank sets minimum (varies by plan) Early Withdrawal Allowed but may reduce profit rate Best For Long-term goal (car, house, education) Requires Current Account? ✅ YES
🟣 AWAEED ACCOUNT — Investment Deposit
PARAMETER DETAIL Minimum Investment SAR 25,000 — 50,000 (varies by plan)Terms Available 1 — 36 Months (flexible)Profit Rate Competitive (market-linked, changes periodically)Early Withdrawal Fee NONE — No penalty for early exitZakat Bank covers Zakat on Awaeed Best For Large lump sum you don’t need immediately Requires Current Account? ✅ YES
🟠 MILLION SAVINGS ACCOUNT — Prize Based
PARAMETER DETAIL Minimum Deposit SAR 1,000 to enter prize drawsFixed Profit Rate NONE — This is NOT a profit accountWeekly Prize SAR 10,000 × 10 Winners = 100,000 SAR weeklyGrand Prize SAR 1,000,000 (10 Lakh) every 8 weeksWithdrawal Flexible — Deposit/Withdraw anytime Best For If you want chance to win instead of fixed profit Requires Current Account? ✅ YES
📊 PROFIT COMPARISON AT A GLANCE
ACCOUNT MIN BALANCE RATE RISK BEST FOR Current 0 SAR 0.00% None Daily use Hassad 5,000 SAR 2.40–3.60% Low Regular savings Future Monthly plan Up to 4.77% Low Long term goals Awaeed 25,000+ SAR Competitive Low-Medium Lump sum investment Million 1,000 SAR 0% (Prize) None Lottery lovers
FEATURES & BENEFITS
(Al Rajhi Account Kholne Ka Fayda Kya Hai?) 🟢 CORE BANKING FEATURES
# FEATURE DETAIL BENEFIT FOR EXPAT 1 24/7 Digital Banking App + Website se sab kuch hota hai — transfer, bill payment, card management Raat ko 2 baje bhi paisa bhej sakte ho 2 4,900+ ATMs KSA mein sabse bada ATM network Kahin bhi cash nikaalo FREE 3 500+ Branches Har sheher mein branches available Problem ho to insaan se baat karo 4 Self-Service Kiosk Branch mein machine se card print karo, cheque deposit karo Line mein khade hone ki zaroorat nahi 5 Mada Debit Card Contactless, online shopping, POS — sab FREE Duniya bhar mein chalti hai 6 Multi-Language App Arabic + English + Urdu support Apni language mein banking
🟡 SALARY & EMPLOYER FEATURES
# FEATURE DETAIL BENEFIT FOR EXPAT 7 WPS Integration KSA ke most employers Al Rajhi use karte hain Wage Protection System ke liye Salary time par aati hai 8 Salary Transfer Perks Salary transfer karo to unlock: Higher limits, loan eligibility, credit cards Zyada facilities milti hain 9 Salary Certificate (Digital) App se salary certificate download karo Embassy/Visa ke liye turant mil jaata hai 10 Auto Salary Allocation Salary aate hi auto-split: Savings mein X%, Bills ke liye Y% Budgeting automatic ho jaati hai
🔵 TRANSFER & PAYMENT FEATURES
# FEATURE DETAIL BENEFIT FOR EXPAT 11 International Remittance 100+ countries mein paisa bhej sakte ho via app Ghar paisa bhejna easy 12 Sadad Integration Bijli, paani, phone, traffic fine — sab ek jagah se pay Government bills ek click mein 13 MOI Payments Iqama renewal, visa fees, exit-reentry — sab Al Rajhi se Jawazat jaane ki zaroorat nahi 14 Standing Orders Auto monthly transfer set karo (rent, savings, family) Bhoolne ka tension nahi 15 Instant Transfer (IPS) Real-time local bank transfers Paisa turant pohonchta hai
🟣 FAMILY & DEPENDENT FEATURES
# FEATURE DETAIL BENEFIT FOR EXPAT 16 Family Account Wife/dependent ke liye alag account app se kholein Family ka paisa manage karo 17 Dependent Account (0-15 yrs) Bachcho ke liye savings account Bachche ko saving sikhao 18 Parental Controls Spending limit set karo, transactions monitor karo Bachche kitna kharcha kar rahe — pata chalega 19 Instant Family Transfer Main account se family account mein FREE transfer Biwi ko turant paisa bhejo
🟠 SECURITY & PROTECTION FEATURES
# FEATURE DETAIL BENEFIT FOR EXPAT 20 Nafath Verification Biometric + Digital ID verification for all transactions Fraud impossible 21 Card Freeze/Unfreeze App se 1 second mein card block/unblock Card kho gaya? Turant block karo 22 Transaction Alerts Real-time SMS + Push notification har transaction par Har paisa track hota hai 23 SADQ Insurance Deposits up to SAR 200,000 insured by SAMA’s SADQ Paisa safe hai chahe kuch bhi ho 24 Two-Factor Authentication OTP + Biometric for online transactions Double security
🔴 SAMA-MANDATED 25 FREE SERVICES (Dec 2025)
# FREE SERVICE STATUS AT AL RAJHI 1 Account Opening ✅ FREE 2 Account Closing ✅ FREE 3 Mada Card Issuance ✅ FREE 4 Mada Card Renewal ✅ FREE 5 Online Account Statement ✅ FREE 6 SMS Alerts ✅ FREE 7 Standing Order Setup ✅ FREE 8 POS Transactions ✅ FREE 9 Cash Deposit (Own Bank ATM) ✅ FREE 10 Cash Withdrawal (Own Bank ATM) ✅ FREE 11–25 Other mandated services ✅ ALL IMPLEMENTED
💡 FINAL QUICK DECISION GUIDE:
AAPKA GOAL KAUNSA ACCOUNT KHOLEIN? KYUN? Salary lena hai Current Account Free, employer-preferred, instant Paisa bachana hai (Small) Hassad Savings 2.40%+ profit, 5K minimum Lambe time ke liye save Future Account 4.77% tak, monthly auto-deduction Bada amount invest Awaeed Account 25K+, no early withdrawal fee Lottery/Prize chahiye Million Account 1K deposit, 10 Lakh ka chance Family manage karna Family + Dependent Account App se kholein, control rakhein
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