The Real Estate Development Fund implemented more than 4.8 million electronic operations and services during the first half of this year 2021 through its various electronic platforms with an average time that did not exceed 4 minutes per operation, in order to facilitate the access of Saudi families to suitable housing with the aim of raising the percentage of residential ownership to 70% by 2030 in accordance with the objectives of the Housing Program, one of the programs of the Kingdom's Vision 2030.
The CEO of the Real Estate Development Fund, Mansour bin Madi, explained that the Fund carried out more than 4.8 million electronic operations and services through all its electronic platforms during the first half of 2021 with an average time of 4 minutes per operation, within more than 43 electronic services and contacting the unified call center, which contributed to signing more than 102 thousand new residential financing contracts in light of the increasing demand for the subsidized mortgage loan program.
Mansour bin Madi, CEO of the Real Estate Development Fund, said that the Fund has implemented more than 4.8 million operations and electronic services through all its electronic platforms during the first half of 2021.
The CEO of the Fund said that the number of operations carried out through the electronic portal exceeded 785 thousand operations during the first half of 2021, and the branches carried out more than 343 thousand operations, while the number of operations carried out through the unified call centers was estimated at more than 3.7 million operations.
The number of operations carried out through the unified call centers was estimated at more than 3.7 million operations.
He emphasized the constant endeavor and continuous attention of the Fund to develop its electronic services with the aim of facilitating the procedures of Saudi families to own their first home and benefit from the “subsidized loan” and ensure the speedy completion of their procedures with ease, ease and high accuracy without the need to review the branches through technical linkage with 36 parties from the housing system and financing entities from banks and financing institutions until the end of the first half, by providing 147 electronic services exchanged between the Fund and the relevant authorities.
With a total of 147 electronic services.
The CEO pointed out that the turnout of beneficiaries to complete the requirements and procedures of the subsidized mortgage loan electronically has witnessed a remarkable increase during the past period, which indicates the confidence of Saudi families in the programs and initiatives provided by “Sakani”, in addition to the integration in providing services electronically between the Fund and the public and private sectors, pointing out that the number of data exchanged with the housing system and financing entities exceeded 23 million operations from January to the end of June 2021.
The number of data exchanged with the housing system and financing entities exceeded the barrier of 23 million operations from January to the end of June 2021.
It is noteworthy that the Real Estate Development Fund continues to provide “Subsidized Loan” services through more than 43 electronic services through the Fund's portal www.redf.gov.sa, and the unified call center 199088 and the Fund's social media accounts are ready to respond to inquiries and suggestions about the “Subsidized Loan”.
