Tamweel Aloula - Retail

Retail

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Retail

Leasing

The ownership of the vehicle for Tamweel AlOula until finishing the contract then the ownership will be transferred to the client. 

Terms:

  • Residence and Employment in the Eastern province.
  • Total Salary min. SR 4,000.
  • Age between 21 till 65 (should not be more than 65 at the end of the contract).
  • Leasing term will be up to 60 months.


Required documents:

  1. Copy of ID / Iqama.
  2. Income proof / Work acknowledgement.
  3. Bank deduction letter.
  4. Bank account statement for the past 3 months.
  5. Housing proof / acknowledgement (copy of home rent contract).
  6. Draft drawing for home location.
  7. National Address.
  8. In some exceptional cases, additional requirements might be requested.

Apply now

 

 


Morabaha
The ownership of the vehicle for the client.

Terms:

  • Saudis Only.
  • On duty working.
  • Residence and Employment in the Eastern province.
  • Total Salary min. SR 6,800.
  • Age between 21 till 65 (should not be more than 65 at the end of the contract).
  • Tenor will be up to 60 months.
  • Sponsor will be required for some sectors.
  • If the financing amount above SR 100,000, the sponsor is required.

 

Required documents:

  1. Copy of ID.
  2. Income proof / Work acknowledgement.
  3. Bank deduction letter.
  4. Bank account statement for the past 3 months.
  5. Housing proof / acknowledgement (copy of home rent contract).
  6. Draft drawing for home location.
  7. National Address.
  8. In some exceptional cases, additional requirements might be requested.

Apply now

 

 


Tawarruq
Instant cash financing.

Terms:

  • Saudis Only.
  • On duty working.  
  • Residence and Employment in the Eastern province.
  • Total Salary min. SR 6,800.
  • Age between 21 till 65 (should not be more than 65 at the end of the contract).
  • Tenor will be up to 60 months.
  • Sponsor will be required for some sectors.
  • If the financing amount above SR 100,000, the sponsor is required.

 

Required documents:

  1. Copy of ID.
  2. Income proof / Work acknowledgement.
  3. Bank deduction letter.
  4. Bank account statement for the past 3 months.
  5. Housing proof / acknowledgement (copy of home rent contract).
  6. Draft drawing for home location.
  7. National Address.
  8. In some exceptional cases, additional requirements might be requested.

Apply now