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Family Loan-Temporarily suspended

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Last Updated:2023/01/09 Gregorian
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Granted for low-income families to help them bear the costs and burdens of life which contributes to maintaining the stability of families and their persistence in the face of crises.

Product features
The financing ceiling is up to 100,000 riyals (when you did not benefit from a social financing product previously)

 

Financing period up to 5 years

 

Payment method on a monthly basis

 

No administrative fees

 

Exemption in the event of death or total disability, God forbid, according to the conditions of the insurance policy

 

Product Condations
Application is allowed for everyone below 70 years old An individual share in family income does not exceed SAR 3,000 Integrity of Credit Register The monthly income does not exceed SAR 14,500 Woman has the right to apply for family financing if she is a divorcée or widow, and has one child or more
The national identity - the national address, the IBAN account number - the mobile phone registered in Absher

Targeted
Citizens

Number Of Ben
1.2M

Fees
Free

Strategy
Financing family needs through the provision of targeted and effective social loans and have a positive impact. 

International Strategy
Family financing intersects with the first objective of the United Nations sustainable development objectives.From here

Language
Arabic

Channel Service
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User Guid
Preview User Guide In Arabic Version

FAQ
-Application is allowed for everyone below 70 years old.
-The monthly income does not exceed SAR 14,500.
-An individual share in family income does not exceed SAR 3,000.
-Integrity of Credit Register.
-Woman has the right to apply for family financing if she is a divorcée or widow, and has one child or more.

Time to Response
24/7

Lunch Date
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