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Last Modified 21 April 2025

Kanaf Loan

A financial product designed for specific groups including widows, divorced women, individuals with disabilities, and beneficiaries of the the fund for martyrs, injured, prisoners, and missing persons. It aims to support these customers in managing their financial responsibilities and achieving more stability. Application is fully electronic, with no need to visit any bank branch.

Service Level Agreement

Product video with sign language

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The specifications and features of the Kanaf product—for financing people with disabilities, widows, divorcees, and beneficiaries of the Martyrs, Wounded, Prisoners, and Missing Persons Fund—are summarized in the following points:

Financing starts from 18 thousand and reaches 30 thousand Saudi riyals.
Easy installment starts from 375 riyals and does not exceed 625 riyals.
Repayment period is up to 4 years.
Payment is made monthly.
Without administrative fees.
The exemption is in the event of death or total disability - God forbid - according to the conditions of the insurance policy.

The applicant must be between 25 and 55 years old.
The marital status must be (widowed - divorced) and there are no dependents required.
The monthly income must not exceed 8,000 riyals.

The applicant must be at least 18 years old and not more than 70 years old.
The disability must be physical (motor) or sensory (hearing - visual).
The monthly income must not exceed 8,000 riyals.
Register through the following link: Click here. (After completing the registration procedures for the service; you will be registered directly with the Authority for the Care of Persons with Disabilities)

A photo of the applicant's ID.
IBAN account number, certified by the Commercial Bank.
A bank statement for the last 3 salaries, certified by the Commercial Bank.
A certificate of periods and wages of the subscriber, issued no more than 60 days ago, from the Social Insurance website (if the applicant is subject to the Social Insurance system).

Applicant's ID photo.
IBAN account number, certified by the Commercial Bank.
A detailed statement of the applicant's salary, certified by the Chamber of Commerce and signed and stamped by the applicant's employer, and the date of signature does not exceed 60 days.
A certificate of the applicant's joint periods and wages, and the date of issuance does not exceed 60 days from the Social Insurance website.
A copy of the sponsor's ID.
A detailed statement of the sponsor's salary, signed and stamped by the sponsor's employer, and the date of signature does not exceed 60 days.
A certificate of the sponsor's joint periods and wages, and the date of issuance does not exceed 60 days from the Social Insurance website (if the sponsor is subject to the Social Insurance system).

Applicant's ID photo.
IBAN account number, certified by the Commercial Bank.
A detailed statement of the applicant's salary, certified by the Chamber of Commerce and signed and stamped by the applicant's employer, and the date of signature does not exceed 60 days.
A certificate of periods and wages of a subscriber, the date of issuance does not exceed 60 days from the Social Insurance website.

A copy of the applicant's ID.
IBAN account number, certified by the Commercial Bank.
A copy of the sponsor's ID
A statement of the sponsor's salary, signed and stamped by the sponsor's employer and signed no more than 60 days ago.
A certificate of the sponsor's joint periods and wages, issued no more than 60 days ago from the Social Insurance website (if the sponsor is subject to the Social Insurance System).

A copy of the applicant's ID.
IBAN account number, certified by the Commercial Bank.
A statement of the applicant's retirement salary from the website of the General Organization for Social Insurance.
A copy of the sponsor's ID.
A statement of the sponsor's salary, signed and stamped by the sponsor's employer and signed no more than 60 days ago.
A certificate of the sponsor's joint periods and wages, issued no more than 60 days ago from the Social Insurance website (if the sponsor is subject to the Social Insurance System).

Photo of the applicant's ID.
IBAN account number, certified by the Commercial Bank.

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Target

Citizens

Beneficiaries

20,2 k

Fee

Free

Payment Channels

Free

Availability:

24/7

SLA

30 working days

Submission:

Language

Arabic

User's Guide

Kanaf Finance - User Guide

To create an electronic account

Service start date

2022 2011

FAQs

Click Here

Customer Service:

Phone
920008002
Email
care@sdb.gov.sa

Internal strategic engagement

Kanaf financing intersects with one of the bank’s strategic objectives: providing targeted and effective social financing to serve the beneficiary segments.

International strategic engagement

Kanaf's funding intersects with the UN's fifth sustainable development goal. View Here

Product Features

Financing period

Up to 4 years

Payment method

Monthly

Financing ceiling

Up to 30,000 SAR

Administrative fees

Nothing

Exemption according to the terms of the insurance policy

Upon death or total disability

Customer Journey

Apply

Eligibility check

Processing

Payment

Do you have any questions?

If you have any questions about Kanf financing, please see the FAQ.

FAQs Contact Us

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