Today, Thursday, the “sakani” program of the Saudi Ministry of Housing revealed the availability of the service of debt transfer and rescheduling of the subsidized real estate loan on some housing products according to specific conditions, and its availability will be expanded in various financing agencies, and you can know all the details of the service through the financing agency when it is announced .
The program stated, in a tweet on the “Twitter” website, that one of the conditions of the indebtedness transfer program is that the customer be regular in payment, as well as for customers who receive full or partial support.
He clarified that it does not apply to beneficiaries of the down payment initiative for military and civilians at the present time, and does not apply to beneficiaries of existing financing, as well as not exceeding the payment period for the remaining period in the contract.
It is noteworthy that the total amounts deposited in the accounts of “sakani” beneficiaries since the announcement of the transformation program in June 2017 until the end of April, amounted to about 36.8 billion riyals.
The total number of beneficiaries of the “subsidized loan” since its inception in June 2017 until the end of the first quarter of 2022 AD, amounted to more than 635,000 families in various regions of the Kingdom.
