Zood Al-AjyalSavings Program

An interactive bank account directed to children to encourage them to save, enables them to manage their daily expenses, raise the level of financial education, and teach them how to deal with bank accounts through an integrated banking system and under the supervision of parents. The program provides a package of financial incentives and awareness and educational materials provided by the Social Development Bank.

Product's Video - with Sign Language

An interactive bank account directed to children that encourages them to save, enables them to manage their daily expenses, raise the level of financial education, and how to deal with bank accounts through an integrated banking system and under the supervision of parents. The program provides a package of financial incentives and awareness and educational materials provided by the Social Development Bank

  • The guardian must have a personal account in Riyad Bank.
  • Choose a token program and complete the registration request for the children.
  • Log in to the website of the Social Development Bank to confirm the subscription request for children
  • The Token application is downloaded on the children's smart devices (mobile phone, tablet) from the respective application store of each operator.

  • The guardian must have a personal account in Riyad Bank.
  • Choose a token program and complete the registration request for the children.
  • Log in to the website of the Social Development Bank to confirm the subscription request for children
  • The Token application is downloaded on the children's smart devices (mobile phone, tablet) from the respective application store of each operator.

There are no requirements

You can register during the online application for a social loan
Target Audience
Saudi children from 6 to 18 years old
Beneficiaries
22,873
Service Fees
Free
Response Time:
24/7
Submission channels:
Program application      
Submission language:
Arabic
Service application start date
    2019  114-200.png    2022   m-icon2.png       
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Internal Strategic Engagement

The "Zood Al Ajyal" savings product is linked to one of the bank's strategic objectives: encouraging savings and raising financial culture.

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International strategic link

-

Product Features


Monetary Incentive

Up to 20%

Program Duration
Up to 5 Years

Payment Method
Monthly

Withdrawal and deposit fees

None

Program legality

Compliant with Islamic law 

Customer Journey


Submit Application

Eligibility Check

Processing

Deposit

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Do you have any inquiries? 

If you have any questions regarding the Zood Alajyal, please see the Frequently Asked Questions.

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3.2 (From 3634 Ratings)
 
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