Auto Leasing - Car Finance
Riyad Bank App
Install it with 0% Admin Fees
On the occasion of Ramadan, Riyad Bank offers auto lease with 0% admin fees and with a financing period up to 60 months
- Sharia Compliant
- 0% Admin fees
- Competitive profit margin
- Financing period up to 60 months
More Information
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Financing amount up to SAR 500,000
- Possibility of financing up to 3 vehicles
- Available for Saudis and residents
- Possibility of transferring the lease to another customer (Ihlal)
- After sales services
50/50 Program:
50/50 Program is designed for customers who wants to obtain a Car by paying the Car half amount, the finance profit, the insurance as a down payment, and the second half after two years as a final payment
Terms & Conditions for Salary transferred customers:
1 – Should be 18 years old and above
2 - Minimum net salary starting from SAR 4,000
3 - No period of service required
4 - A letter from employer confirming the salary assignment to Riyad Bank
5 – Finance period from 12 to 60 Months
Terms & Conditions for Non-salary transferred customers:
1 - Should be 18 years old and above
2 - Minimum net salary starting from SAR 4,500
3 - Finance period from 12 to 60 Months
Terms & Conditions for 50/50 Program:
1 - Should be 18 years old and above
2 – Finance period 2 years
3 - Minimum vehicle price including VAT is SAR 100,000
4 - Salary transferred Customers starting from SAR 10,000
5 - Non-salary transferred Customers starting from SAR 12,000
6 - 50% Down Payment
2 - Minimum net salary starting from SAR 4,000
3 - No period of service required
4 - A letter from employer confirming the salary assignment to Riyad Bank
5 – Finance period from 12 to 60 Months
Terms & Conditions for Non-salary transferred customers:
1 - Should be 18 years old and above
2 - Minimum net salary starting from SAR 4,500
3 - Finance period from 12 to 60 Months
Terms & Conditions for 50/50 Program:
1 - Should be 18 years old and above
2 – Finance period 2 years
3 - Minimum vehicle price including VAT is SAR 100,000
4 - Salary transferred Customers starting from SAR 10,000
5 - Non-salary transferred Customers starting from SAR 12,000
6 - 50% Down Payment
CAR TYPE
MONTHLY INSTALLMENTS
APR AVERAGE STARTING FROM
YEAR
Terms & Conditions apply separately
Apply Online - Auto Leasing
Riyad Bank Auto Leasing allows you to lease the car of your choice though Shariah-compliant programs with easy and flexible installment plans.
