Riyad Bank have recently launched the Apply Online for Refinance through Riyad Online or Riyad Mobile, where customers who have a personal loan in Riyad Bank and paid minimum of 20% of their personal loan can refinance it and TOP UP their loan.
To apply for Personal Refinance through Riyad Online:
- Log in to Riyad Online
- Click “Apply Online” from the main list
- Click on “apply for Personal Refinance”
- Complete all required information
- Click “Submit Loan Request”
- Once your request is approved, you will receive an SMS on your mobile informing you to visit the nearest branch to submit a salary certificate letter
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To apply for Personal Refinance through Riyad Mobile:
- Log into Riyad Mobile
- Click on “Apply Online” from the main menu
- Click on “apply for Personal Refinance”
- Complete all required information
- Click on “Submit”
- Your request will be reviewed and the your finance will be deposited one its approved
Conditions:
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Applicable to Saudi & Non-Saudi customers who are eligible for Refinance
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Salary deposited with Riyad Bank through “SARIE”
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Once the request is approved, the applicant must visit the nearest branch to submit salary certifcate letter to complete the request
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Refinance is possible after paying of a minimum of 20% from your current finance principle amount
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18 years minimum age for Saudi’s and 22 years for Non-Saudi’s
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To be registered in Riyad Mobile