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Last Modified 21 April 2025

Cash Loan

A financing solution that helps you launch your own business or enhance your professional skills with ease. If you have a craft or work in delivery apps, you can benefit from financing of up to ♦ 120,000 with flexible repayment terms and administrative fees not exceeding ♦ 9,000, which is deducted from the Loan amount, deducted from the Loan amount. You may also be eligible for additional financial incentives by registering in the Freelance Incentive Program. The application is fully digital, with no need to visit any bank branch.

cash financing

  • Financing ceiling of up to 120,000 ♦ for all cash product tracks
  • Financing period of up to 40 months
  • Administrative fee of 9,000 ♦ Deducted from the financing value.
  • Monthly repayment method.
    • Financing includes the following tracks:
The customer can also register for the freelance incentive program and benefit from a financial incentive that reaches a maximum of 100% of the fees. The incentive is automatically calculated in the banking system based on the performance recorded on approved freelance platforms.
  • Rural development professions.
  • Real estate professions.
  • Handicraft professions.
  • Order delivery.
  • Accounting professions.
  • Specialized services professions.

  • Applicant's age from 18 to 65 years
  • Integrity of credit history
  • The monthly income of the financing applicant must not exceed 20 ♦
  • The existence of a freelance work document through this link / license proving this.
  • Having a self-employment bank account linked to the self-employment document applied for


Requirements
1- Government Employee / Government-Owned Company Employee
  • Copy of the National ID.
  • Salary certificate.
  • Bank statement for the last three months.
  • Freelance Work Document or Professional Practice License.
  • IBAN bank account number for freelance work (linked to the submitted Freelance Work Document).
2- Private Sector / Non-Profit Sector Employee
  • Copy of the National ID.
  • Salary certificate.
  • Bank statement for the last three months.
  • Employment Duration and Wage Certificate from the General Organization for Social Insurance (GOSI).
  • Freelance Work Document or Professional Practice License.
  • IBAN bank account number for freelance work (linked to the submitted Freelance Work Document).
  • Submission of a personal guarantee.
  • Guarantor’s required documents.
3- Self-Employed / Student / Homemaker
  • Copy of the National ID.
  • Freelance Work Document or Professional Practice License.
  • IBAN bank account number for freelance work (linked to the submitted Freelance Work Document).
  • Submission of a personal guarantee.
  • Guarantor’s required documents.
4- Retiree
  • Copy of the National ID.
  • Retirement salary certificate from the General Organization for Social Insurance (GOSI) website.
  • Freelance Work Document or Professional Practice License.
  • IBAN bank account number for freelance work (linked to the submitted Freelance Work Document).
  • Submission of a personal guarantee.
  • Guarantor’s required documents (if a guarantor is required).
 
Target:
Citizens, male and female
The number of beneficiaries
135 thousand
Service fees
Administrative fees 9,000 ♦
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Payment Channels
Deducted from the loan amount.
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Availability:
24/7
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SLA
28 working days
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Submission channels:


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Submission language
Arabic
Service application start date

2022  2018 

Customer Service:
 Phone 
 920008002 
Email 
 care@sdb.gov.sa 
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Internal strategic engagement

Cash financing intersects with one of the bank's strategic objectives: providing meaningful and effective social financing to serve the beneficiary segments

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International strategic engagement

The cash product intersects with Goal 9 of the United Nations Sustainable Development Goals. You can view it from here

Product features


Financing ceiling

Financing ceiling

Up to 120,000 ♦

financing period

Financing period

Up to 40 months

payment method

Payment method

On a monthly basis

Administrative fees

Administrative fees

9,000 ♦
“Administrative fees are deducted from the financing value.”

exemption according to the terms of the insurance policy

Exemption according to the terms of the insurance policy

Upon death or total disability

Customer journey


apply

Apply

eligibility check

Eligibility check

processing

Processing

exchange

Exchange

Incentive
program

  • Incentives for self-employment:

It is a program dedicated to supporting self-employment practitioners who benefit from an effective product, which works to motivate self-employment practitioners to motivate them to achieve professional stability and ensure their continued work.

 

  • What are the incentives?

 

  • Time period for depositing incentive:

Instant deposit into the customer's bank account approved by the bank at the end of each calendar year according to what each customer deserves as a result of evaluating his performance during the calendar year.

 

  • The upper and lower limits of the incentive:

The incentive does not exceed a maximum of the value of the fees deducted from the customer at the time of disbursing the financing, and there is no minimum.

 
  • Is registration in the self-employment incentives program mandatory:

Registration in the program is not mandatory, but it allows the customer to benefit from benefits and services after financing such as: incentives – Additional financing - non-financial services.

 
  • Supported platforms for performance platforms:

The renewed list will be announced on the bank’s social media and the electronic portal

  • Main paths of financing

The Specialized Services track is not available at this time
Rural development path
Handicrafts track
Real estate career path
Order delivery path
The Productive Families Track is not available at this time
Accounting professions track 8%

  • Mechanism for registering in the incentive program

Through the Social Development Bank electronic portal and completing the following requirements:
1-The client must have existing freelance financing.
2-One year has passed since the financing was disbursed to the client, and he must be regular in paying the due installments.
3- Register in the incentive program.

Evaluation is done by track as follows:

The evaluation is based on the number of projects completed on the bank’s approved platforms such as Bahar, pTway, and Passioneurs.
-It is necessary to register in one of the self-employment platforms approved by the bank to follow up and evaluate performance.

  • Incentive calculation mechanism:

The amount of the incentive must not exceed the value of the administrative fees deducted from the original financing before disbursing it to the client.
The incentive is calculated automatically in the banking system based on the performance recorded on the approved freelance platforms.

Any Question Banner
Do you have any questions?

If you have any questions about cash financing, please see the questions:

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