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Last Updated:2023/09/27 Gregorian

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Repayment begins 30 days after receiving the financing amount

The beneficiaries of Kanaf loan are split into 2, according to which track they blong to, which are:
1- The track of widows and divorced women without support.
2- The track of persons with disabilities, provided that the person themselves are one of the persons with disabilities and their disability is physical (motor) or sensory (audio-visual), and registered with the Authority for Persons with Disabilities.
 

Repayment begins 30 days after receiving the financing amount

It starts from 5,000 riyals up to 50,000 riyals

A product concerned with financing individuals who aspire to establish their own commercial entities through financing up to 500 thousand riyals and sponsorship during the first three years of granting financing.

Administrative fee 7%
Annual service fee 1%

Industry, education, quality of life (entertainment, tourism), emerging technology or any sectors that the Bank considers feasible to finance.

A product aimed at financing companies and micro-institutions to finance capital expansions or the operational cycle

Financing starts from (50) thousand riyals and reaches 4 million riyals for projects whose total cost does not exceed (8) million riyals.

10 Million SAR
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