Putting you in the driver's seat
Growing your fleet or improving your operational efficiency has never been easier. Let us help you spread the cost of acquiring new cars.
- Quick processing
- Attractive profit rate
- Affordable repayment structure
Get financing up to SAR 2 million for new vehicles based on your total monthly instalments on existing loans (if any). Customers with a good credit history can be financed up to SAR 5 million, subject to bank approval.
Get your business moving
Our auto financing program offers flexible, competitive shariah compliant financing for businesses engaged in passenger transport, vehicle rental services, tourism activities and any other business that operates an income-generating fleet of vehicles.
As part of our finance offering, your vehicle is covered by Takaful (insurance) for the whole lease period.
Choose the Vehicle/s you require and get a quotation from the showroom, our representative will assist you with all the finance details, alternatively you can visit any branch/ SME branch near you.
Commercial Registration and activity license
Large range of accepted Collateral
A valid copy of the commercial register/ industrial license.
A copy of the national identity / residence permit for the owner of the sole proprietorship / and all the partners if it is a company.
Audited financial statements for the last three years of the business activity.
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You can also apply through the following channels
You can apply through alrajhi bank business Online
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through business solutions Branches