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Request for Disbursing Payment (Online Payment of Bank Loan Installments)

Real Estate Development Fund

This service allows user to request disbursing payment of the four installments when due.

Person
Citizen, Individuals
Target audience
Clock
1.0 Days(s)
Service duration
Channel
Portal Service centers
Service channels
Price
Free
Service cost
  • Log in to the Fund website.
  • Request the due payment from the service (Request for Disbursing Payment).
  • The request will be received automatically.
  • The payment will either be approved and transferred to the beneficiary's account or rejected and the fine will be imposed in SADAD.
  • First payment: 10% of the loan amount is disbursed after mortgaging the property and signing of the contract.
  • Second payment: 40% of the loan amount.
  • Third payment: 35% of the loan amount.
  • Fourth payment: 15% of the loan amount.

Last Modified Date: 28/03/2021 - 1:01 PM Saudi Arabia Time

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