• Shari’a compliant
• Ability to apply step-down feature upon retirement as to be reduce the installment according to retirement income.

Ability to apply for 2 in 1 feature that allowing the customer to have additional liquidity.

• Group (A):
• Customer must be 18 years old and above.
• The customer must be eligible for subsidy from Real Estate Development Fund
• Must be Registered in Sakani advisory portal and select and type of subsidy.
• The customer shall be eligible to grant home finance according to Riyad Bank policy.
• Financing the down payment support shall be one time for the REDF only.
• The beneficiary unable to get advantage of other feature such as considering the subsidy as part of monthly income, Moyasser, monthly subsidy once apply for down payment support package.  
• The net salary deposited shall be considered that, including the basic salary plus fixed allowances, subtracted GOSI payment.
• In case of net salary is less than 10,000 SAR, the down payment support is 150,000 SAR.
• In case of net salary is more than 10,000 SAR, the down payment support is 100,000 SAR.
• *All Terms and Conditions apply

• Visit your nearest Riyad Bank branch with the following documents:

• Copy of valid Saudi national ID
• Completed application form for Home Finance
• Completed applicant undertaking form
• Completed applicant health declaration
• Salary certificate with salary details
• Bank statement
• Deposit of valuation fees

For more information please call our toll free number 800-124-2020

The calculations allow you to only simulate approximate loan amounts and estimated monthly repayments. For exact figures please contact us on: 800-124-2020, or visit any of our branches here.