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المملكة: The Development Bank links the education financing exchange with the student’s academic results – urgent


Detect Social Development Bank an innovative mechanism for its own product Education financing , where the payment of financial payments directly linked the student’s academic progress, in a move aimed at stimulating academic excellence and ensuring the achievement of financing goals, providing facilities of up to 100 thousand riyals with a period of payment that extends for four years. The academic for the student, which guarantees his commitment to study and achieve the desired results before disbursing the next batch, which is a step that enhances the seriousness of benefiting from financing.

Full digital experience

The bank provides a fully digital experience to apply for the product, without the need to visit any of the bank’s branches, as the beneficiary’s journey begins to choose the educational authority and the type of academic program electronically. />

The bank explained that its educational network accredited in continuous growth, as it currently includes nine prominent educational bodies, including public universities such as the Qassim and Majestic University, and specialized medical and health colleges such as the Medical Petrojet Colleges and the Mousa College of Health Sciences, which provides various options for students. A day from the date of the student’s first payment, and the process of obtaining funding passes in a series of electronic approvals starting from the educational authority, then The final approval of the bank , before the amount due is paid directly, ensuring transparency and efficiency in the management of applications.

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