Applying for Family Financing

Overview of Family Financing: A product targeting low-income families to help them bear the costs and burdens of life. ((Loan beneficiaries))• Homemaker• Head of household• Widow• Orphan's guardian• Abandoned• Divorced ((Family loan requirements))• The applicant's age must not exceed 70 years• Monthly income must not exceed 14,500• The individual's share of the family income must not exceed 3,000 riyals• Women can apply for the family financing if they are (abandoned, divorced, or widowed and supporting one or more children) ((Housewives, employed in the private sector, employed in the private sector, retirees in the private sector, and retired women in the private sector, must have a government guarantor))Features of the loan• The financing ceiling reaches up to 100,000 riyals (if not benefiting from any previous social financing products)• Financing period up to 5 years• Monthly repayment method• No administrative fees• Exemption in case of death or total disability, God forbid, according to the specific conditions of the insurance policyNote *To know if the loan will include you based on the remaining salary, please select the inquiry package for financing.