Emirates NBD Saudi - 50/50 Program :
The program which allows you to fully own your vehicle in 24 months.
Eligibility:
Employment Criteria:
For salary transfer & non-salary
transfer segment: the minimum salary should be SAR 15,000
For self-employed segment: the
minimum monthly revenue should be SAR 30,000
Length of Service:
Salary Transferred: minimum of 1
month
Non-Salary Transfer: minimum of 3
months
Self-employed: A minimum of 1 year in
business
Approved brands under 50/50 program:
Bentley
Lamborghini
Land Rover/Range Rover
Mercedes
BMW
Porsche
Audi
Volkswagen
Mini Cooper
Leasing Tenor:
24 Months
Financing Cap:
Salaried Customers (50-50 Cars)
Minimum Monthly Income SAR 30000
Finance Amount (Principal only) SAR 1000000 for All Brands
Self-Employed Customers (50-50 Cars)
Minimum Monthly Income SAR 15000
Finance Amount (Principal only) SAR 750000 for All Brands
Benefits:
• Fast Application Processing
• Fully Shariah Compliant - Leasing Structure Based on Ijarah
• Most Competitive Profit Rates
• Best in Class Insurance
• Agency Repair Option for Whole Tenure*
• GCC Insurance Cover Option*
• Option to Avail Personal Accident Benefit for Driver In Case of Accident, Emergency Medical Expense and Natural Perils (God Forbid)*
• Contract Cancelling and Car Returning Option Available
• Option to Transfer Lease to New Customer
• Option to Use Car in GCC Countries and Jordan
• Financing Tenure up to 24 Months