Administrative fee categories are as follows:

• SAR 4,000 for employees. 
• SAR 3,000 for housewives, students, and the unemployed.
• SAR 2,000 for social security beneficiaries, persons with disabilities, and orphans.

The approved collection escalation procedures of the bank will be completed prior to registering the customer as a defaulter in 'SIMAH', leading up to the final stages of escalation and legal claims.

• Starts from 5,000 riyals up to 50,000 riyals

After paying more than 50% of the outstanding loan value

• Indirect financing is done through financing intermediaries approved by the bank who meet the conditions for financing portfolios. You can find out the list of approved financing intermediaries by entering the productive families platform by clicking here

Applications are processed within three business days from the date they are received in the banking system.

The loan is disbursed within 30 business days from the loan approval date.