Al Rajhi Bank - Auto Ijarah :
Flexi Auto Finance is a tailored finance solution that has been designed to enable you to own the car you want, now, Salary Transfer not Mandatory, Quick approvals, Available for new & pre-owned cars.
Flat Rate
5.59%
Minimum Salary
SAR 2000
Monthly Payment
SAR 1,327
Down payment
NA
Fees & Costs:
• Management fees equal to 1% of finance amount or SAR 5,000 whichever is less.
Requirements:
• Minimum income requirement starting from SAR 2000 .
• Maximum age of 65 years.
Car Documents:
• Quotation addressed to Al Rajhi Bank and customer
• Completed Application form
Eligibility:
• Minimum income requirement starting from SAR 2000
• Maximum age of 65 years
Documents required:
• Quotation
• Completed Application form
• Copy of Valid Saudi ID
• Employment letter
Benefits:
• Quick Approvals
• Available for New & Pre Owned Cars both.
• High finance amounts for up to SAR 2 million
• Zero down payment option.
• Balloon payment option available to help you reduce your monthly installments.
• Fully comprehensive insurance for the entire finance tenure..
• Extended warranty on leased car.
• Salary Transfer not a mandatory requirement.