Auto Loan 60 Months
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Auto Lease
Get your Auto Lease!
Valid until 15-02-2026
About offer
Apply for Auto Lease with 0 down payment and 0 administrative fees
Terms & Conditions
- Minimum age starting from 18 years
- Income requirement starting from SAR 4,000 for Salary transfer & SAR 5,000 for Non-salary Transfer customers
- Minimum length of service starts from 1 month for salary transfer customers & 3 months for non-salary transfer customers
- There should be no traffic violations / penalties on customers
- Maximum finance amounts up to SAR 750,000
- Lease possible up to 60 months tenor
- Possibility to have maximum 3 cars leased at a time
Required documents
- For Salary Transfer customers of Riyad Bank
- Copy of driver’s license
- Copy of residency card (National ID or Iqama)
- Latest salary certificate with breakup of salary duly attested by Chamber of Commerce
- Copy of GOSI certificate
For Non-Salary Transfer customers
- Copy of driver’s license
- Copy of residency card (National ID or Iqama)
- Latest salary certificate with breakup of salary duly attested by Chamber of Commerce
- Copy of GOSI certificate
- Last 3 months bank statements showing salary credits signed & stamped by Bank
Car dealerships and the annual percentage rate (APR) for a 60-month product:
| Dealer | Car Brands | APR |
|---|---|---|
 |
Hyundai/Genesis | 6.38% |
|
Geely & Zeeker | 7.46% |
 |
Hyundai/Genesis | 6.38% |
 |
Suzuki | 6.72% |
 |
Honda | 6.38% |
| Mohammed Yousef Naghi Motors | Range Rover | 8.59% |
| Mohammed Yousef Naghi Motors | Defender | 8.59% |
| Mohammed Yousef Naghi Motors | Ford & Lincoln | 7.85% |
| Al Jomiah Automotive | GMC | 8.49% |
| Al Jomiah Automotive | Cadilac | 8.49% |
| Al Jomiah Automotive | Chevrolet | 8.49% |
| Petromin | Nissan | 8.49% |
Need help?
Riyad Line:
800 124 2225
