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Last Modified 23 March 2025
It is a program dedicated to supporting self-employment practitioners who benefit from an effective product, which works to motivate freelancers to achieve professional stability and ensure their continued work.
Incentives are cash amounts given as a reward to those who practice supported self-employment on one of the bank’s approved platforms. The evaluation process takes place continuously throughout the financing period and is disbursed annually at the end of each Gregorian year. .
Through the Social Development Bank electronic portal and completing the following requirements:
- The client must have existing freelance financing.
- Regular payment of due installments.
- Register in one of the bank’s approved platforms or applications.
The amount provided as an incentive must not exceed the value of the administrative fees that were deducted from the financing source before delivering it to the customer. The incentive is calculated automatically by the banking system, based on the performance recorded in the free labor platforms Approved.
The process of depositing funds into the customer's account at the bank occurs immediately at the end of each calendar year, based on an evaluation of his performance during the past year.
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If you have any questions that you did not find an answer to in the frequently asked questions, contact us.
Email: care@sdb.gov.sa
Phone number: +920008002
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