Swap your housing allowance with personal finance

Swap your housing allowance with personal finance

Customers from some major companies can obtain Personal Finance up to 300,000 SR with the guarantee to swap housing allowance on five installments.

  • Immediate initial approval
  • Finance period up to five years
  • Shariah compliant

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
 
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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
 
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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Overview

Riyad Bank housing allowance will deduct as following:

Example:
Annual housing amount is 40,000 SR
Finance amount is 200,000 SR over Fife years (including profits)
Due date every 31 December of each year

Features:

  • Immediate initial approval
  • Finance period up to five years
  • Shariah compliant
  • Exemption in case of death from payments
  • Administrative fees estimated by 1% of Finance value or 5000 SR, whichever is lower
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