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Reducing the down payment

  • Reducing the down payment for the first housing unit from 10% to 5% and with maximum amount 40 thousand riyals to reduce the burden of the advance payment required by Funding authorities on the beneficiary under the terms of the Saudi Arabian Monetary Agency

    The conditions required for reducing the advance payment:

    • The holder must have a family
    • The legible beneficiary must be of 25 years or more.
    • The housing must be the first housing.