As our needs develop in this life, our financial needs increase. This is why many people seek to search for reliable sources of financing that guarantee them financial stability, and Riyad Bank is considered one of the distinguished towers in this context. Let’s take a quick trip to explore what this bank offers in terms of personal financing.
Conditions for obtaining personal financing
Not everything is available to everyone. Even in the world of finance, there are a set of conditions that people wishing to obtain financing must adhere to:
Age: For citizens, the age must be at least 18 years. As for expatriates, they must be at least 21 years old. Function: If you work in the government or private sector, you are closer to achieving your dream. Salary: The fact that it is not less than 5,000 Saudi riyals, as it is an indication of your ability to repay. Functional experience: You spent a period of no less than 6 months in your job? This increases your chances. Financial obligationsYou must be free of any obligations that represent more than 33% of your salary.
Advantages of personal finance
What most attracts people to personal financing from Riyad Bank is the advantages it brings:
Electronic submissionWith Riyad Bank, everything is at your fingertips. Submit your application through the official website. Compatibility with Islamic Sharia: Do not worry about the source of your funding, as it is Sharia compliant. Finance for all: Whether you are a Saudi citizen or an expatriate, the opportunity is available to you. Fast actionsSay goodbye to waiting, with Riyad Bank, financing is in your pocket as quickly as possible. Flexible payment systems: You can repay over four years with easy monthly installment systems.
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2023-09-11 08:52:02
