Car Finance

Putting you in the driver's seat

Car Finance

Putting you in the driver's seat

Putting you in the driver's seat

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Car Finance

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

Features

Financing Solutions

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.

Takaful Insurance

As part of our finance offering, your vehicle is covered by Takaful (insurance) for the whole lease period.

Vehicle selection

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.

Eligibility:

Commercial Registration and activity license

Audited Financials

Large range of accepted Collateral

Approve the Clean credit history at Bayan Credit Bureau

Required Documents:

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.

A copy of the valid certificate of social insurance

Company's Memorandum of association / decisions of the founding partners.

A copy of the valid Nitaqat Certificate (Labor office).

A copy of valid certificate from the Department of Zakat.

Establishment’s profile

Don’t have an alrajhi bank business account? Create one now

You can apply easily through

alrajhi bank business app

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You can also apply through the following channels

Apply Now

You can apply through alrajhi bank business Online

Call Now

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through business solutions Branches

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