REDF tests possibility to deposit housing allocations before salaries

29/07/2019 Argaam

 

Real Estate Development Fund (REDF) is still in the process of testing the initiative of depositing allocations into beneficiaries’ accounts before receiving their salaries, the fund said on its Twitter account. 

 

REDF added that allocations are deposited within two working days from the date of withdrawing the installment.

 

The fund has announced earlier in April its plan to speed up the process of depositing housing support allowance before transferring salaries to beneficiaries.

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