Home individuals individual financing restoration financing

Last Modified 21 April 2025

Renovation Loan

An opportunity to renovate your home and improve your quality of life in a way that suits your needs. Whether your home requires full renovation or partial upgrades, this Loan provides the needed amount with ease and flexibility. Apply for the product online, with no need to visit any bank branch.

Service level agreement

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Financing starts from 18,000 ♦ up to 60,000 ♦
The repayment period is up to 4 years.
Payment is made monthly.
No administrative fees.
Exemption shall be in the event of death or total disability -God forbid- according to the terms of the insurance policy.

The applicant's age must not be less than 18 years and not more than 70 years.
The applicant's income must not exceed 14,500 ♦
The applicant must have a home ownership document.
The house must not be less than 5 years old.
The land area of the building to be restored should not exceed 1,000 square metres.
The sponsor's age must not exceed 55 years.
If financing for renovation of the same property has previously been obtained; A period of no less than five years must have passed from the date of disbursement of the previous financing.

(Age groups over 60 and under 65 years): The maximum financing limit is 30,000 ♦ .
(Age groups over 65 and under 70 years): The maximum financing limit is 18,000 ♦ .

(Houses built of mud): The maximum financing limit is 18,000 ♦ .
(Popular homes): The maximum financing limit is 30,000 ♦ .
(Houses built with reinforced concrete): The maximum financing limit is 60,000 ♦ .

A copy of the applicant’s ID.
IBAN account number, certified by the Commercial Bank.
Statement of account for the last 3 salaries certified by the Commercial Bank.
A copy of the house’s deed from both sides (or a copy of the ownership contract if the house is owned by a commercial bank or company).
A copy of a valid restoration license from the municipality.
A certificate of contributory periods and wages whose issuance date does not exceed 60 days from Social Insurance website (if the applicant is subject to the Social Insurance system).

If there are heirs or partners; It requires sharing the following files:
Identity copies of all heirs or partners.
A copy of the inheritance registration instrument.
A waiver and power of attorney form certified by the mayor and the police and signed by all heirs or partners.
Copies of the identities of the witnesses who signed the waiver and power of attorney form.

A photo of the applicant's ID.
IBAN account number, certified by the Commercial Bank.
A detailed definition of the applicant’s salary, certified by the Chamber of Commerce, signed and stamped by the applicant’s employer, and the date of its signature not exceeding 60 days.
A copy of the house deed on both sides (or a copy of the ownership contract if the house is owned by a commercial bank or company).
A copy of a valid restoration license from the municipality.
A certificate of joint periods and wages for the applicant, the date of its issuance not exceeding 60 days from Social Insurance website.
A copy of the sponsor's ID.
A detailed definition of the sponsor’s salary, signed and stamped by the sponsor’s employer, and whose signature date does not exceed 60 days.
A certificate of joint periods and wages for the sponsor, the date of its issuance not exceeding 60 days from Social Insurance website (If it is subject to the social insurance system).

If there are heirs or partners; It requires sharing the following files:
Identity copies of all heirs or partners.
A copy of the inheritance certificate.
A waiver and power of attorney form certified by the mayor and the police and signed by all heirs or partners.
Copies of the identities of the witnesses who signed the waiver and power of attorney form.

A photo of the applicant’s ID.
IBAN account number, certified by the Commercial Bank.
A detailed definition of the applicant’s salary, certified by the Chamber of Commerce, signed and stamped by the applicant’s employer, and the date of its signature not exceeding 60 days.
A copy of the house deed on both sides (or a copy of the ownership contract if the house is owned by a commercial bank or company).
A copy of a valid restoration license from the municipality.
A certificate of contributory periods and wages whose issuance date does not exceed 60 days from Social Insurance website.
If there are heirs or partners; It requires sharing the following files:
Identity copies of all heirs or partners.
A copy of the inheritance certificate.
A waiver and power of attorney form certified by the mayor and the police and signed by all heirs or partners.
Copies of the identities of the witnesses who signed the waiver and power of attorney form.

A photo of the applicant's ID.
IBAN account number, certified by the Commercial Bank.
A copy of the house's deed from both sides (or a copy of the ownership contract if the house is owned by a commercial bank or company).
A copy of a valid restoration license from the municipality.
A copy of the sponsor's ID.
Definition of the sponsor's salary, signed and stamped by the sponsor's employer, and no later than 60 days after its signature.
A certificate of joint periods and wages for the sponsor, the date of its issuance not exceeding 60 days from Social Insurance website (If it is subject to the social insurance system).

If there are heirs or partners; It requires sharing the following files:

Identity copies of all heirs or partners.
A copy of the inheritance certificate.
A waiver and power of attorney form certified by the mayor and the police and signed by all heirs or partners.
Copies of the identities of the witnesses who signed the waiver and power of attorney form.

A photo of the applicant's ID.
IBAN account number, certified by the Commercial Bank.
Definition of the applicant's pension from General Organization for Social Insurance website. li>
A copy of the house's deed from both sides (or a copy of the ownership contract if the house is owned by a commercial bank or company).
A copy of a valid restoration license from the municipality.
A copy of the sponsor's ID.
Definition of the sponsor's salary, signed and stamped by the sponsor's employer, and no later than 60 days after its signature.
A certificate of joint periods and wages for the sponsor, the date of its issuance not exceeding 60 days from Social Insurance website (If it is subject to the social insurance system).

If there are heirs or partners; It requires sharing the following files:
Identity copies of all heirs or partners.
A copy of the inheritance certificate.
A waiver and power of attorney form certified by the mayor and the police and signed by all heirs or partners.
Copies of the identities of the witnesses who signed the waiver and power of attorney form.

A photo of the applicant's ID.
IBAN account number, certified by the Commercial Bank.
A copy of the house deed on both sides (or a copy of the ownership contract if the house is owned by a commercial bank or company).
A copy of a valid restoration license from the municipality.

If there are heirs or partners; It requires sharing the following files:
Identity copies of all heirs or partners.
A copy of the inheritance certificate.
A waiver and power of attorney form certified by the mayor and the police and signed by all heirs or partners.
Copies of the identities of the witnesses who signed the waiver and power of attorney form.

Apply

Target:

Citizens, male and female

Beneficiaries:

96 thousand

Fees

Free

Payment Channels

Free

Availability:

24/7

SLA:

30 working days

Channels:

Language:

Arabic

User's Guide:

Restoration

Create an account

Service start date:

2022 2011

FAQs

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Customer Service:

Phone
920008002
Email
care@sdb.gov.sa

Internal strategic engagement

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

International strategic engagement

Financing the restoration intersects with Goal 1 of the United Nations Sustainable Development Goals. It can be viewed here

Product features

Financing period

Up to 4 years

Payment method

On a monthly basis

Financing ceiling

Up to 60,000 ♦

Administrative fees

nothing

Exemption according to the terms of the insurance policy

Upon death or total disability

Customer journey

Apply

Eligibility check

Processing

Exchange

Do you have any questions?

If you have any questions about financing the restoration, please see the FAQs

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