Money loans have always been a major center of interest for many citizens. The Ministry of Finance in the Kingdom of Saudi Arabia is one of the agencies that assist individuals in dealing with loans. The Ministry provides a loan forgiveness service for deceased citizens, by submitting a request for loan forgiveness from the various government agencies to the heirs. Among these entities are the Real Estate Development Fund, the Social Development Bank and the Agricultural Development Fund. Below, we will discuss the steps required to inquire about loan forgiveness as well as the conditions for forgiveness.
Steps to inquire about loan forgiveness
The user goes to the website of the Saudi Ministry of Finance. The user logs in and clicks on the electronic services option. User clicks on the link for Loan Forgiveness Inquiry. The user inserts the date of birth of the requester. The user makes sure that all data is correct. The user clicks on the search icon to get the results.
Apply for mortgage loan forgiveness
The user will go to the Real Estate Development Fund website. The user logs in and clicks on the electronic services option. The user clicks on the loan forgiveness option from the list. Login is done using the available means. Identification and supporting documents and papers are uploaded.
Loan Forgiveness Terms
After submitting the exemption request, those in charge verify the availability of all conditions. Among the conditions are verifying the validity of all government papers and data and not hiding any information in the electronic form. In the event that any false data is proven, the necessary legal measures will be taken.
2023-08-01 23:01:28
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