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Subscribe to Zod Savings Program

Social Development Bank

It is a subsidized savings program targeting social loan customers, as it helps them save monthly amounts of money to cover their future needs in the short term through a simplified savings plan.

Person
Citizen, Resident
Target audience
Clock
3.0 Days(s)
Service duration
Channel
Portal
Service channels
Price
Free
Service cost
  • Apply to social finance.
  • Choose to participate in the savings program while submitting the application on the Social Development Bank website.
  • After the initial approval, open a savings account with a branch of Alinma Bank within a period not exceeding 15 days.
  • Provide the Social Development Bank with the IBAN number of the savings account by updating the special account on the Social Development Bank website.
  • The customer must review the conditions and obligations of the social financing system before starting to register to ensure that it complies with the financing terms in the bank.
  • The customer must register his account in the electronic application for social finance, and he will have the ability to apply for one of the following types of financing programs: (marriage - family - restoration - kanaf).
  • Choosing to participate in the savings program while submitting the application on the Social Development Bank website.

Last Modified Date: 07/11/2021 - 6:29 AM Saudi Arabia Time

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