Saudization Product (Hal)

The Social Development Bank designed a program for funding micro enterprises in order to support young male and female entrepreneurs develop their own independent ventures. The program targets telecommunication ventures at a maximum cost of SR 200 thousand each. The bank charges the following fees structure: SR 1000 for a venture that costs SR 100,000 or less SR 2000 for a venture that costs more than SR 100,000
  • Apply at the sponsoring party website.
  • Interview at the sponsor premises.
  • Attend training course.
  • Sponsor files an application at the bank website.
  • Application will be examined.
  • Application will be approved by the committee.
  • Sign the financing agreement.

Service Insights

Service Fee :


Payment method :
Target Audience :


Service Channels :
Service Response Time :

45.0 Days(s)

Service Level Agreement :

Customer Support

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Customer Support Hours :
07:30 AM - 02:30 PM
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