For Non-Saudis
Employees in the Governmental Sector
Personal Finance Program for Employees in the Governmental Sector:
Conditions & Features:
Conditions:
- Should be 22 years and above
- Minimum net salary of SAR 5,000
- Minimum period of service is 6 months
- Salary transfer to Riyad Bank through SARIE system
- A letter from employer confirming the salary assignment to Riyad Bank
Features:
- Approved by Riyad Bank’s Sharia Committee
- Competitive profit margin rates
- Instant initial approval
Large Corporations Employees
Personal Finance Program for Large Corporations Employees:
Conditions & Features:
Conditions:
- Should be 22 years and above
- Minimum net salary of SAR 5,000
- 3 months service period for those whose salary is between SAR 5,000 to SAR 14,999
- Period of service is not required for those whose salary is above SAR 15,000
- Finance amount up to SAR 300,000
- Salary transfer to Riyad Bank through SARIE system
- Finance amount is granted to the customer based on the employment contract period or end of service allowance
Features:
- Approved by Riyad Bank’s Sharia Committee
- Competitive profit margin rates
- Instant initial approval
Private Sector and Large Corporations Employees
Personal Finance Program for Private Sector and Large Corporations Employees:
Conditions & Features:
Conditions:
- Should be 22 years and above
- Minimum net salary of SAR 8,000
- 6 months service period for those whose salary is between SAR 8,000 to SAR 14,999
- 3-months service period for those whose salary is above SAR 15,000
- Finance amount up to SAR 300,000
- Salary transfer to Riyad Bank through SARIE system
- Finance amount is granted to the customer based on the employment contract period or end of service allowance
Features:
- Approved by Riyad Bank’s Sharia Committee
- Competitive profit margin rates
- Instant initial approval
Professionals
Personal Finance Program for Professionals:
Conditions & Features:
Riyad Bank provides finance solutions for Non Saudi professionals such as executive managers, engineers, lawyers, pharmacists and health specialists.
Conditions:
- Minimum period of service of 6 months
- Minimum net salary of SAR 8,000
- Salary transfer to Riyad Bank through SARIE system
- A letter from employer confirming the salary assignment to Riyad Bank
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Riyad Line:
800 124 2225