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8. Protection Limit

No: 361000089524

Effective from Apr 15 2014 - Apr 14 2014
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 i.The protection limit for protection of Eligible Depositors shall be SAR 200,000 per Person per Bank. This means that the total amount payable by the DPF to any one Eligible Depositor in respect of his Deposit in a Bank shall not exceed SAR 200,000;
 ii.Saudi Central Bank may, from time to time, having regard to the availability of funds with the DPF as also to the maintenance of financial system stability, raise the above protection limit as deemed appropriate.