Auto lease financing allows you to own a new or used vehicle through our partnerships with many showrooms and agencies through flexible installments. Saudis and residents of Saudi Arabia can apply for this solution where they can have the car of their choice through digital channels or by visiting one of our branches.

Auto leasing terms and conditions:

Leasing Financing Requirements for Saudi Nationals:

• • Age: Minimum 18 years – Maximum 60 years
• • Minimum Salary: SAR 3,150.
• • Financing Amount: Minimum SAR 20,000 – Maximum SAR 500,000 .
• • Annual Percentage Rate (APR): Starting from 11.94% (excluding insurance), varies based on the financing amount and repayment period
• • Repayment Period: Ranges from 6 months to 60 months.
• • Maximum Salary Deduction: Up to 45%
• • Minimum Employment Duration:
• – Government and semi-government sector: 1 month
• – Private sector: 3 months

Leasing Financing Requirements for Expatriates:

• • Age: Minimum 21 years – Maximum 60 years
• • Minimum Salary: SAR 3,500.
• • Financing Amount: Minimum SAR 20,000 – Maximum SAR 500,000 .
• • Annual Percentage Rate (APR): Starting from 11.94% (excluding insurance), varies based on the financing amount and repayment period
• • Repayment Period: Ranges from 6 months to 60 months.
• • Maximum Salary Deduction: Up to 45%
• • Minimum Employment Duration:
• – Government and semi-government sector: 3 month
• – Private sector: 4 months