شروط بنك التنمية الاجتماعية للسيارات 1443 , مما لا شك فيه أن هذا الموضوع من أهم وأفضل الموضوعات التي يمكن أن أتحدث عنها اليوم، حيث أنه موضوع شيق ويتناول نقاط حيوية، تخص كل فرد في المجتمع، وأتمنى من الله عز وجل أن يوفقني في عرض جميع النقاط والعناصر التي تتعلق بهذا الموضوع.
What are the conditions of the Social Development Bank for Cars 1443, where the Social Development Bank has set some conditions that must be met by the applicant wishing to obtain car financing from the credit bank, so the car loan is one of the loans provided by the Social Development Bank to citizens with low incomes, to help them bear the burdens Life, and the reference website will discuss in the lines of this article everything related to the car loan from the Social Development Bank, how to apply for it, the conditions that must be met, the limits of financing, the controls to be followed by the borrower, and all other important information related to this matter.
Car Finance Social Development Bank
Car finance is one of the loans directed to low-income citizens who are able to work to increase their monthly income, by obtaining a car with easy financing from the bank, in order to allow the practice of self-employment for their own account. The Social Development Bank targets specific groups to obtain a car loan, including:[1]
- Employees with a salary of 14,000 or less.
- Unemployed and unpaid.
- Unserved through traditional financing channels.
Car Finance Objectives Social Development Bank
Car financing from the Social Development Bank aims to achieve many goals, including:
- Stimulating the practice of self-employment and contributing to achieving the goals of flexible work.
- Raising the quality of life of the Saudi citizen.
- Opportunity to improve the status of the financial inclusion category for individuals.
- Reducing the unemployment rate.
- Additional income for citizens with limited income.
- Limit informal credit.
Conditions of the Social Development Bank for cars 1443
The Social Development Bank approved some conditions for obtaining a car loan for the year 1443 AH, and these conditions are as follows:[1]
- The applicant must be a Saudi, or a Saudi national.
- The age of the applicant should not be less than 18 Hijri years and not more than 60 years.
- The applicant should not owe the Social Development Bank another loan.
- The monthly income of the applicant should not exceed 14 thousand riyals.
- The provision of a guarantee against the financing by the borrower.
- Pass the credit check.
- The financing period shall not exceed 60 months.
- Having a valid driver’s license.
- No traffic violations.
- Registration with one of the approved vehicle routing companies is required.
- Vehicle must be insured.
Requirements for applying for a car loan Social Development Bank
The applicant must submit the following documents, when applying for a car loan from the Social Development Bank:
- National Identity.
- National address.
- The bank account number (IBAN) of the applicant.
- The phone number registered in the Absher platform.
- Self-employment certificate (to finance specialized services).
Read also: The best personal finance bank without salary transfer in Saudi Arabia 2021
Mechanisms for applying for car financing of the Social Development Bank 1443
You must follow the steps below when applying for auto finance at the Social Development Bank:
- Submit an application for car financing through the bank’s website.
- Eligibility is checked by the bank after receiving the application.
- The applicant sends the necessary documents via Saudi Post.
- The bank disburses the financing amount to the applicant.
How to apply for Social Development Bank Auto Finance 1443
You can apply for car financing by following the steps below:[2]
- Entering the car loan application page directly “from here”.
- Click on the electronic submission.
- Log in through the national unified access.
- Choose Add New Request from the main menu.
- Click on the request for a new financing.
- Choose the “Freelance Products” option.
- Click on the “Guided Transportation Vehicles” icon.
- Fill out the data for the financing application.
- Press send.
- The order number will appear in front of you.
- You can follow the status of the request in the results of the procedure.
- The required forms and documents from the system must be printed and completed.
- Keeping the date set by the system for sending the required papers by mail.
- The application is processed at the bank
- The bank disburses the value of the financing to the “beneficiary, supplier, or agent.”
Social Development Bank Auto Financing Limits 1443
The financing limits from the Social Development Bank for cars for the year 1443 AH were determined as follows:
Type of financing Financing limits Administrative fees Security car financing The value of the financing does not exceed 150 thousand riyals Administrative fees do not exceed 4000 Saudi riyals To be added to the value of the financing Deduction from a government employer or a debtor guarantor
The scope of the financing of the Social Development Bank for cars 1443
The Social Development Bank clarified the maximum financing range of up to 200,000 thousand Saudi riyals, according to the type of car and its purpose, as the financing scope of the car loan varies according to the type of car, whether it is: “public fare, private fare, school transportation.” The financing ranges for car loans come in Development Bank as follows:
- The maximum limit for public taxi loans is 100,000 riyals (100,000).
- The maximum limit for private rental loans is one hundred and fifty thousand riyals (150,000).
- The maximum limit for school transport car loans is two hundred thousand riyals (200,000).
The executive regulations for financing the Social Development Bank for cars
The Social Development Bank approved the executive regulations for car financing, in order to ensure that customers do not breach payment and do not exploit and violate such assistance. These provisions are as follows:
- Submissions are not followed up and canceled after one month from the date of notification.
- All credit information of the applicant must be entered, in order to complete the financing applications.
- The bank has the right to impound the car and demand the customer to pay the full amount in case the customer breaches any of the agreed terms, such as:
- In the event the customer stops working.
- If the vehicle is handed over to someone else to work on it or to drive it.
- If the vehicle is used for a purpose other than the one for which it was intended.
- If the customer is late in paying the installments, as the default limit does not exceed 30 thousand riyals, not including utility bills.
- If the customer refuses to pay the due installments.
- The bank disclaims liability in the following cases:
- Any violations or accidents caused by the vehicle.
- Any compensation or claims due to non-payment of insurance premiums, whether on the driver or the vehicle.
- Any renewal or creation of an insurance policy on the driver or the vehicle.
- Any beneficiary of the financing who has paid the loan in full shall not be released unless he presents a confirmation of the transfer of ownership of the vehicle.
Read also: Conditions for a marriage loan from the Credit Bank of 60 thousand riyals and how to obtain it
Is it required to work in vehicle guidance applications after receiving the vehicle
Yes, one of the applications is required to work 8 hours a day, and the work must be in peak time for at least 4 hours, and it is worth noting that the peak time is between 6 am to 6 pm, and on Friday and Saturday peak hours start from 12 pm until 12 pm A.m.
Types of loans in the Social Development Bank
The Social Development Bank in the Kingdom of Saudi Arabia offers many types of financing for individuals, to support the neediest groups in Saudi society, and these types are as follows:
- Cash financing from the Social Development Bank:
The Social Development Bank offers a number of social financing products to low-income citizens, to help them meet the obligations of their basic needs, whether for the individual or the family. The bank also allows them to determine the appropriate financing for the individual through an interactive tool through which you can enter some information about the individual, and you can access the social financing link “from here”.
- Financing productive families:
The Social Development Bank provides a refundable financial support of a maximum value of 50 thousand Saudi riyals, and it is provided through financing intermediaries supported by financing portfolios by the Social Development Bank, to finance the projects of productive families of male and female citizens, with the aim of financially supporting productive families and encouraging them to engage in businesses and professions on their own. and for their own account, as well as expanding the participation of women, people with special needs and the unemployed in economic development. You can access the financing link directly “from here”.
- Self-employment financing program:
This financing product was created with the aim of enabling citizens with skills and craftsmen to practice self-employment, with a financing value of 60,000 riyals for the cash track and 150,000 riyals for the vehicle finance track, to constitute a financial tributary for entrepreneurs to build and expand their income. You can access this product and view all the terms of the financing program “from here”.
- Kanaf financing from the Social Development Bank:
A Kanaf financing program has been established for all categories of widowed and divorced women. Through the program, funds are provided to help them bear and cover the costs of life and the basic needs of themselves and their children. The financing limit is 30,000 Saudi riyals, and you can apply for this financing link “from here”.
- Qualified funding from the Social Development Bank:
It is a product for customers who have previously obtained one of the social financing products (family, restoration, kanaf), with the aim of supporting them in their increased family needs, and the financing limit reaches 60,000 riyals, and a repayment period of up to 6 years, and you can apply for this financing through Log in and view the terms of the Ahl loan “from here”.
Download the Social Development Bank app
The Social Development Bank offers an electronic application that you can download on iPhone devices “from here” and Android devices “from here”, in order to provide many different electronic services, the most important of which are:
- Knowing your financial details, whether you are a borrower or a guarantor.
- See your payment process.
- Track your loan application within the bank and know the status it has reached.
- Take advantage of the various electronic services such as the release of the party, and others.
- Knowing the addresses of the bank’s branches.
- The possibility of communicating with the bank quickly and in a more interactive way.
The unified toll-free Social Development Bank number for inquiries and complaints
Ways to communicate with the Social Development Bank
The Social Development Bank in the Kingdom of Saudi Arabia provides many ways to communicate, the most prominent of which are the following:
- Phone number: 920008002.
- Amer service: You can contact the Social Development Bank through the Amer service via the number 199099.
- Email: [email protected]. A response will be made within a full business day.
- Submit an electronic report: You can submit an electronic report by entering the service “from here” at any time, seven days a week, and you will be answered within 3 full working days.
- Instant chat: “From here.”
- Twitter: You can contact the customer care page on the Twitter platform “from here”.
- Social Development Bank Branches: You can find out about the branches of the Credit Bank closest to you by entering “from here”.
Social Development Bank for cars link sdb.gov.sa
The Social Development Bank offers a car financing program, where you can benefit from it and apply for it electronically through the bank’s official website, and see all the conditions that must be met by the applicant, and all of the above is done by entering the program link “from here”.
And here we have come to the conclusion of our article in which we explained the conditions of the Social Development Bank for Cars 1443, as we mentioned the requirements and mechanisms for applying for a car loan from the Social Development Bank, and we explained the method of applying for car financing in the Social Development Bank, and we talked about the executive regulations for financing the Development Bank The social development bank, the types of loans in the Social Development Bank, we have attached links to download the application of the bank, and we concluded with the link of the Social Development Bank to finance the car.
خاتمة لموضوعنا شروط بنك التنمية الاجتماعية للسيارات 1443 ,وفي نهاية الموضوع، أتمنى من الله تعالى أن أكون قد استطعت توضيح كافة الجوانب التي تتعلق بهذا الموضوع، وأن أكون قدمت معلومات مفيدة وقيمة.