Are you looking to manage your expenses seamlessly? Al Rajhi’s Tasaheel program offers you the opportunity to finance all your needs conveniently by dividing payments on your credit card into fixed and suitable monthly installments, ranging from 3 to 12 months, without any profit margin, at participating merchants through this program.
How to Register for Al Rajhi’s Tasaheel Program
Registering for Al Rajhi’s Tasaheel program is a simple process. Here’s a step-by-step guide:
- Visit Al Rajhi Bank’s Official Website: Begin by accessing the official website of Al Rajhi Bank.
- Navigate to Tasaheel Program: Once on the website, locate and click on the section related to the Tasaheel program.
- Fill in Required Information: Proceed to fill in all the necessary information accurately in the designated fields.
- Submit Your Application: After completing the form, click on the “Submit” button and await further communication after your application undergoes review.
Typically, applications are accepted on the Al Rajhi website between 9:00 AM and 5:00 PM. For any inquiries regarding the registration process, you can contact the Tasaheel program department at 920024778.
Converting Purchases to Al Rajhi’s Tasaheel Program
Converting your purchases to Al Rajhi’s Tasaheel program can be done through the Al Rajhi Bank app. Follow these simple steps:
- Make Your Purchase: Initiate your purchase using your credit card.
- Access the Al Rajhi Bank App: Subsequently, access the Al Rajhi Bank app or download it if you haven’t already.
- Select Your Credit Card: Choose the credit card used for the purchase.
- Navigate to Tasaheel Icon: Locate and click on the Tasaheel icon through the card’s benefits menu.
- Choose Your Installment Plan: Select the suitable installment plan as per your preference.
Additionally, you can convert purchases to Al Rajhi’s Tasaheel program by contacting 920003344.
Benefits of Al Rajhi’s Tasaheel Program
Once registered with Al Rajhi’s Tasaheel program, you unlock a myriad of benefits tailored to suit your needs:
- No Fees or Profits: Enjoy the convenience of paying installments without incurring any additional fees or profits.
- Flexible Repayment Duration: Education-related products come with a repayment period of typically 12 months, while other products are usually within 6 months.
- Wide Merchant Network: Purchase products from various merchants and stores across the Kingdom.
Installment Plans in Al Rajhi’s Tasaheel Program
The installment plans available in Al Rajhi’s Tasaheel program cater to diverse needs:
- 3 or 6-Month Installments: Suitable for both local and international purchases.
- 3, 6, 9, or 12-Month Installments: Available at participating merchants without any profit margin.
Conditions for Dealing with Al Rajhi’s Tasaheel Program
It’s essential to be aware of the terms and conditions associated with Al Rajhi’s Tasaheel program:
- Age Requirement: Applicants must be between 25 and 50 years old.
- Exclusive Credit Card: Only Al Rajhi’s credit card holders can avail of the program benefits.
- Timely Conversion: Requests for installment conversion must be made before the card’s next billing cycle.
- Credit Limit Adjustment: Your credit limit will be reduced by the total installment amount.
- Minimum Purchase Requirement: The minimum purchase amount eligible for installment is SAR 1,000, or as agreed with participating merchants.
- Maximum Monthly Installment Plans: Limited to four active plans per card.
- Right to Refuse: Al Rajhi Bank reserves the right to reject any installment request without specifying a reason.
- Merchant Responsibility: Merchants are solely responsible for product supply and any associated damages.
- Dispute Resolution: Any disputes regarding purchases must be resolved directly with the merchant.
- Program Modification: Al Rajhi Bank may amend program terms without prior notice.
- Supplementary Terms: Program terms are subject to Al Rajhi’s credit card terms and any additional conditions imposed by the bank.
Conclusion
Al Rajhi’s Tasaheel program offers a hassle-free solution for managing expenses, providing a range of benefits and installment options tailored to your needs. By adhering to the program’s terms and conditions, you can make the most out of this convenient financing solution.
