DAFA’AT Program

DAFA’AT Program

Riyad Bank introduces “DAFA’AT” Program, which enable customers to obtain products and services through Personal Finance product without administrative fees or profit margin. “DAFA’AT” Program allows you to buy goods with the amount of 5000 SAR up to 200K and convert it into a smart payment plan.

  • Sharia Complaint
  • Waived Profit margin
  • No Administrative fees
  • Expedite Procedures
  • Flexible Payment plan starts from 6 to 36 months (Depending on the agreement with the merchant)
  • Financing amount starts from 5,000 SAR up to 200,000 SAR. (Depending on the agreement with the merchant)
  • Outstanding balance will be waived in case of death

I want to:

Please complete the form below and we’ll call you as soon as possible (during work days):

ID Number required Please enter a valid National Id/Iqama This product is available for Saudi Nationals Only
First name required
Middle name required
Last name required
Age must greater than 18
Gender *
Gender required
Nationality required
Mobile number required Invalid mobile number e.g.: 966569876765
Email address required Enter valid email address
Preferred phone required Invalid mobile number e.g.: 966569876765
Preferred time to call
Preferred Language *
Preferred language required
Verification required Invalid verification code
 
Cancel
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Please complete the form below and we’ll call you as soon as possible:

ID Number required Please enter a valid National Id/Iqama This product is available for Saudi Nationals Only
First name required
Middle name required
Last name required
Gender *
Gender required
Nationality required
Date of Birth
Age must greater than 18
Mobile number required Invalid mobile number e.g.: 966569876765
Preferred email is required Enter valid email address
Prefferred Language *
Preferred Language required
Inquiry Message required
Verification required Invalid verification code
 
Cancel
close

Our team will be glad to serve you from 8am till 8pm, Sunday through Thursday. From 8am till 10pm on Friday and Saturday.

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Conditions

  • Available for customers who are qualified for Personal Finance program (new financing or additional financing)
  • Customer must not be less than 18 years old for Saudis
  • Customer must not be less than 22 years old for non-Saudis
  • Minimum net salary is SAR 5,000
  • Salary is deposited with Riyad Bank through the "SARIE" system
  • The customer must be an employee of the government / military / semi-government, or an approved company from the private sector, in addition to retired customers

For Personal Finance APR disclosure, click here


Terms and Conditions apply
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