Riyad Bank has immense variety in terms of the financial safety it can offer you, from unlimited personal loans to home loans, favorable repayment terms of 40 months and above, and several different sources of financing and tailored plans to suit the needs of every individual.
It’s no surprise that Riyad Bank is one of the pioneers of finance and investment in the Kingdom. With around 335 branches and 2,2214 ATMs and ATMs, you can count on Riyad Bank to be in your corner 24/7—literally.
Personal Financing
Riyad Bank offers a host of varied methods for obtaining the perfect financing to make your life in the Kingdom that much easier. Regarding personal loans, we have Murabaha, which gives you direct liquidity and lets you own shares that are compliant with Sharia requirements.
Where You Can Find Them:
Riyad Bank has over 236 conveniently placed locations across Saudi Arabia. As mentioned previously, it also has several ATMs—but that isn’t all. Riyad Bank takes care of you globally as well.
You can find the locations of all their banks and ATMS through this link by simply inputting where you are and what you are looking for: Locate Us | Riyad Bank
Globally, Riyad also has a London branch that opened in 1984 and is a well-established branch in the region.
In 1990, it opened the Houston agency, which works out of North America, helps businesses get the financing they need, and handles international transactions between the USA and Saudi Arabia.
It has another branch in Singapore, and it is seeking to grow Riyad Bank’s connections and trade finance operations in Asia/Pacific.
You can find more details about these branches here: Global Locations | Riyad Bank
Business Timings:
Any branch or ATM of Riyad Bank is open between 9:30 AM and 4:30 PM. These timings are consistent across all branches in Jeddah, Riyad, and other major cities in the Kingdom of Saudi Arabia.
Their Best Products
For their E-Financing, Riyad Online, the Riyad Mobile App, and your Virtual Card are your go-to. Skip the credit checks, waiting periods, and annual fees. Just input the information you usually would and get to ordering immediately!
In terms of accounts, you can open:
A current account – a standard current account that you can open up from the comfort of your home thanks to the National Single Sign-On system which lets you open accounts just by putting your personal information.
An Islamic savings account – a Shariah-compliant account that gives you competitive returns on your daily balance.
Wazin is a savings-oriented account that balances what you spend and sends savings to your current account under customizable settings and options for savings.
Loans
In terms of loans and financing, Riyad offers you:
A personal loan – According to your situation, you have much to pick from. The Murabaha, Tawarruq, and Self-Employed loans offer different financing with favorable terms targeting different aims.
You can go with the first one for direct liquidity, especially if you mean to own shares and sell. For easy funding for personal usage, the Tawarruq program is quite reliable. It has special packages for Saudi residents and includes balance transfers from other banks.
Auto-lease loans – get economical auto leasing for new and used cars. What sets it apart from the rest is instant approval on loans and a high cap for financing at 5000,000 SAR on fully insured vehicles – best part? You can finance up to 3!
Mortgage loans – find the right home finance for you whether it comes to purchasing readymade land or incomplete property; you can also check out plans they have in collaboration with the housing ministry.
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