In Ramadan, details of the new financing from the Social Development Bank guarantee, in minutes, you will receive 60 thousand riyals

In the Kingdom, many citizens, especially those experiencing financial difficulties, are looking for ways to pay off their debts and improve their economic situation. Here comes the role of the Social Development Bank, which offers a variety of loans specifically designed to meet the needs of all groups. A social security loan worth 60,000 riyals is one of these loans.

Eligibility conditions for a Social Security loan

But, what are the conditions for obtaining this loan? Let’s start with the basics:

  1. Applicants must submit their applications electronically via The official website of the Social Development Bank.
  2. The applicant must be of Saudi nationality and permanently reside within the Kingdom.
  3. Applicants must register in the developed social security system for a period of no less than three years.
  4. It is necessary to commit to repaying the loan within the specified periods.

Steps to register for a loan

If you are eligible and interested in obtaining this loan, here are the steps to follow:

  1. Visit The electronic platform of the Social Development Bank.
  2. Log in using the national single sign-on account.
  3. Follow the instructions and enter the required information accurately.
  4. Choose the financing type and fill out the application form.
  5. Agree to the terms and submit the application.

It is important to submit all required papers and documents accurately and clearly to avoid any delay or rejection of the application.

Tips to ensure your eligibility for the loan

  • Make sure you meet all eligibility requirements before applying.
  • Review all information provided on the application to ensure its accuracy.
  • Prepare to submit all required papers and documents.

The Social Development Bank offers a golden opportunity for citizens looking for financial support to improve their economic conditions. If you are thinking about applying for a Social Security loan worth 60,000 riyals, we hope that this guide has explained to you the necessary steps and eligibility conditions.

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