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Asset Loan

Social Development Bank

An electronic service for applying to a product offered by the Social Development Bank, which is part of the freelance financing programs. It targets citizens interested in vehicle financing (e.g., ride-hailing, delivery services) and logistics financing (e.g., refrigerated transportation, marine logistics).

Service Level Agreement

Start the service

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Enter through the national unified access portal
From the main menu, choose Add a new request
Request for new financing
From the list of programs, click on the Submit icon in the Self-Employment Products option.
From the list of Self-Employment Products, click on the Submit icon in the Auto Finance option.
If you choose car financing, choose the product type from the car paths
On the page for requesting new financing, you must agree to read all the pledges and choose the branch
On the order registration page, data is entered
On the application registration page, the data is filled out and the customer data available in Yaqin is recalled if the customer is an employee
On the application registration page, the occupation data is filled out and the client data available in Yaqeen is called if the client is an employee (If there is a guarantor, the sponsor’s work data is filled out. In the event that there is a direct connection between the bank and the employer, the data is automatically recalled)
It is possible to modify the financing data and complete the application later from the options bar and choose the financing data option
You can modify the financing data and complete the request later from the options bar and choose the reports and printing option
Choose the type of car
The required documents are uploaded and then click on the Save icon
If the documents are complete, click on the Approval All Files icon
The application journey has been completed and the customer is shown the application number and expected processing period

Applicant's age ranges from 18 to 65 years
Integrity of credit history
The customer must provide one of the guarantees acceptable to the bank
The monthly income of the financing applicant must not exceed 20 thousand riyals
A valid driver's license
No traffic violations
Registration in one of the approved companies according to the type of path
Vehicle insurance.

National ID
National address
IBAN account number
Mobile registered in Absher

Individuals , citizen

Target Audience

55 Working Days

Service Duration

Website Portal

Service Delivery Channels

Arabic

Service Offered In Language

9000

Service Cost

Payment Channels

FAQ's

Phone

920008002

Email

[email protected]

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