Frequently asked questions

After opening a savings account for the client, but when he logs in to approve the account, it does not appear on the Social Development Bank website?

Directing the customer to wait for 24 hours, then directing him to enter after the period has elapsed

Can I withdraw from the program early?

You can withdraw early and at any time

How can I add a savings amount to my savings account at the partner bank?

You can deposit cash savings into the savings account through partner bank branches or transfer between your accounts if you have an account in the partner bank, bank transfer or via any online transfer to your bank account. Partner, the savings account is treated like any regular account and has an account number and IBAN.

What is the minimum and maximum incentive?

Minimum 20 Saudi riyals if you save 100 riyals, and the maximum limit is 200 riyals if you save 1000 riyals

When does the customer open a savings account at the partner bank?

The customer opens an account in one of the partner banks after receiving an SMS message on the customer's registered number stating that the financing request has been approved and asking him to open a savings account.