Unify your financial obligations through Personal loan Buyout product with competitive profit rate.

Personal Finance Program Eligibility – Saudi Nationals
Government Sector Employees

• Minimum age: 18 years
• Minimum net salary: SAR 3,000
• Salary must be transferred to Riyad Bank via SARIE system
• Eligibility is subject to the customer’s credit assessment

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Military Sector Employees

• Minimum age: 18 years
• Minimum net salary: SAR 5,000
• Minimum service period: 3 months
• Retirement age limits based on military rank apply
• Salary transfer to Riyad Bank via SARIE
• Subject to credit assessment

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Major Companies Employees

• Minimum age: 18 years
• Minimum net salary: SAR 3,000
• Minimum service period: 1 month
• Salary transfer letter addressed to Riyad Bank
• Salary transfer via SARIE
• Subject to credit assessment

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Private Sector Employees

• Minimum age: 18 years
• Minimum net salary: SAR 5,000
• Minimum service period: 3 months
• Salary transfer letter addressed to Riyad Bank
• Salary transfer via SARIE
• Subject to credit assessment

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Non-Listed Entities Employees
Employer does not need to be listed in the bank’s approved programs

• Available for Saudi nationals only
• Minimum age: 18 years
• Minimum net salary: SAR 15,000
• Minimum service period: 12 months
• Salary transfer via SARIE
• Recent salary certificate attested by the Chamber of Commerce
• Salary confirmation letter addressed to Riyad Bank
• GOSI wage and service certificate
• Subject to credit assessment

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Personal Finance – Expat Individuals
Government Sector Employees

• Minimum age: 22 years
• Minimum net salary: SAR 5,000
• Minimum service period: 3 months
• Salary transfer via SARIE
• Salary transfer letter to Riyad Bank
• Subject to credit assessment

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Major Companies Employees

• Minimum age: 22 years
• Minimum net salary: SAR 5,000
• Minimum service period: 3 months
• Salary transfer via SARIE
• Salary transfer letter to Riyad Bank
• Subject to credit assessment

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Private Sector Employees

• Minimum age: 22 years
• Minimum net salary: SAR 8,000
• Minimum service period: 3 months
• Salary transfer via SARIE
• Salary transfer letter to Riyad Bank
• Subject to credit assessment

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Personal Finance – Saudi Retirees

• Customer age at last installment must not exceed 75 years
• Minimum pension: SAR 2,000
• Pension must be transferred to Riyad Bank
• Transfer via SARIE
• Subject to credit assessment

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Debt Consolidation – Expat Individuals
(Government, Major Companies, Private Sector)

• Minimum age: 22 years
• Minimum net salary: SAR 10,000
• Minimum service period: 3 months
• Salary transfer via SARIE
• Salary transfer letter to Riyad Bank
• Subject to credit assessment

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Debt Consolidation – Saudi Nationals
Government Employees

• Minimum age: 18 years
• Minimum net salary: SAR 10,000
• Salary transfer via SARIE
• Subject to credit assessment

Military Employees

• Minimum age: 18 years
• Minimum net salary: SAR 10,000
• Minimum service period: 3 months
• Retirement age based on rank applies
• Salary transfer via SARIE
• Subject to credit assessment

Major Companies Employees

• Minimum age: 18 years
• Minimum net salary: SAR 10,000
• Minimum service period: 1 month
• Salary transfer letter to Riyad Bank
• Salary transfer via SARIE
• Subject to credit assessment
• Private Sector Employees
• Minimum age: 18 years
• Minimum net salary: SAR 10,000
• Minimum service period: 3 months
• Salary transfer letter to Riyad Bank
• Salary transfer via SARIE
• Subject to credit assessment

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Personal Finance APR starting from 2.55%
Debt Consolidation APR starting from 1.23%
Administrative fees: 0.5% of financing amount or SAR 2,500 (whichever is lower)a