Applying for Kanaf financing.
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Product description
Overview of Kanaf Financing: This product is designed for specific segments of society not served by the bank's existing products by providing them with financing to help them bear the costs and burdens of life. ((Beneficiaries of support))
• Government employee or employee of a government company
• Private sector employee
• Retired government employee
• Retired from insurance
• Unemployed - student - housewife
• The third sector, approved entities by the bank
((Kanaf Financing Requirements))
Conditions for the widows and divorced women track without support:
• The marital status must be widow or divorced, and there is no requirement for dependents
• The borrower's age must be at least 25 years and not exceed 55 years
• Monthly income must not exceed 8,000 riyals
(Students, unemployed, housewives, private sector employees, and retired from the private sector must have a government guarantor)
Loan features:
• Financing ceiling up to 30,000 riyals
• Financing period up to 5 years
• Repayment method is monthly
• No administrative fees
• Exemption in case of death or total disability, God forbid, according to the specific insurance policy conditions
Note * To find out if the loan will cover you based on the remaining salary, please select the inquiry package for financing.



