“Social development” reveals the conditions for obtaining a qualified product and the processing time of the request



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In response to one of the beneficiaries

reveal Social Development Bank Conditions for obtaining a qualified product and processing time for the request.

و .كد Social Development Bank, Through his official account on the Twitter site for small blogs; That the request to get family funding and deposit the amount will be processed within 10 business days if the funding request is approved.

The Social Development Bank added that the request can be tracked through your account on the bank’s website, in response to a recipient’s request via Twitter.

The Social Development Bank said on its website that a family-friendly product aims to support families with increased family responsibilities.

The Social Development Bank pointed out that one of the advantages of private financing is that it reaches 60,000 riyals, without interest or fees. The repayment period is a maximum of 5 years.

Conditions for obtaining an eligible product

Any offended, retired, widowed, divorced, or abandoned government or private sector employee; Apply for family financing at the Social Development Bank.

The Social Development Bank said that the conditions for obtaining private financing are the conditions for obtaining financing for social products, noting that family financing targets clients who have closed their previous financing with the bank for one year.

According to the Social Development Bank, private sector employees and retirees, housewives, students, and delinquents must: Submit collateral as per Form 105 on the bank’s website. The government employee does not need a sponsor.

Also read:

Return of a qualified product. Find out about the conditions and procedures from the Social Development Bank
A maximum of 60,000 riyals. How to obtain financing for the restoration of your home from the Social Development Bank?

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