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Claim for Payment

Saudi Industrial Development Fund

This service allows SIDF customer to request a claim for payment. The customer should upload the required invoices and should have an approved loan request from SIDF.

Person
Business
Target audience
Clock
20.0 Days(s)
Service duration
Channel
Portal,
Service channels
Price
Free
Service cost
  • Click (Log in) if you already have an account or (New Registration) to create one.
  • If you are creating new account, you need to complete all the required information. Click (Agree to Terms and Conditions) then click (Send).
  • After you logged in, click (My Loans) from the list. Then click (Project Activities) for which you want to submit the claim for payment.
  • Select (Contractors) then click (Add Contractors) to fill in their information. Then click (Save).
  • Select (Insurance) from the project activities’ list. Click (Add Insurance) to fill in the insurance’s information then click (Submit).
  • Choose the loan details list, then click (Loan Activities). Select (Agreements), then click (Add Agreement) to fill in the required information then click (Save).
  • Click (Add Payment), enter the payment information, then click (Save). Choose the bills list, then click (Add Bill) to fill in the bill’s information then click (Save).
  • Click (Loan Activities), choose the claim for payment, then click (Add Claim).
  • Enter the claim amounts for each item you wish to claim from the approved claim items, such as machinery, equipment, construction, civil works, vehicles, etc., then click (Next).
  • Enter the trial date and add the funding source, then enter the trial balance attachments, then click (Save) to save the request or Click (Submit) to send the request.
  • The applicant should have an approved loan request.
  • Fulfillment of the loan conditions.

Last Modified Date: 05/04/2021 - 7:39 AM Saudi Arabia Time

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