1-Riyadh Bank Credit Cards Payment – Qasset
Nature:
The Riyad Bank Qasset Installment Program allows you to convert your purchase into a choice of smart payment plans for retail purchases made on your credit card locally or internationally.
To ease your transactions with RISKS, you may benefit The Qasset Installment program that makes it easy to achieve your educational desires without thinking twice about the immediate payments
Merits:
- Fixed monthly installments
- Unlimited installment plans
- Shari’a compliant
To benefit from this service you may the simple steps below:
- Register in the desired RISKS program, including:
- Training Programs
- Professional Certificate
- Annual Memberships
- Follow the registration steps and use your Riyad Bank corporate card upon payment
- Call Riyad Bank’s Customer Service at (+966) 920002470 and request to convert your RISKS transaction to the Riyad Bank Qasset Program
- The bank will transfer your transaction with a payment plan of your choice, with 0% interest over the period of your choice , Which can be:
- 3 months
- 6 months
- 12 months
- Enjoy the flexible payment plan while you get trained or certified, and benefit from the competitive advantages added your career path
2-Riyadh Bank Education Finance program
The Education Finance program is considered to be a form of personal finance, therefore you must take into consideration that the maximum DTI should not exceed 33.33% of the client’s net monthly income
Merits:
- Shariah compliant finance
- Flexible payments options starting from 6 to 12 months
- No administrative fees and without a profit margin
- Ability to pay tuitions for any one as requested by the customer
Eligibility
- Minimum net salary of SAR 8,000 for salary transfer customers
- Salary deposit with Riyad Bank through Express (SARIE)
- The company should be approved by Riyad Bank
In order to benefit from the payment plan provided by Riyadh Bank, you may follow the simple steps below:
Register in the desired RISKS program, including:
- Training Programs
- Professional Certificate
- Annual Memberships
- Complete Riyadh Bank form in the following link:
- Visit your nearest Riyad Bank branch with the following documents:
- Salary certificate
- Copy of valid Saudi national ID / resident Identity card
- Copy of the school fees bill
- Salary transfer form for who transferred their salary to Riyad Bank
4) After Approval, the bank with divided your payment to monthly payments, up to 12 months with 0% interest
5) Enjoy the flexible payment plan while you get trained or certified, and benefit from the competitive advantages added your career path.