Al-Futtaim BYD (Song – Seal 7) 2026

Al-Futtaim BYD (Song – Seal 7) 2026

Salary Transferred Customers to alrajhi bank

  • Down payment %0
  • Admin Fees %0.50
  • *Balloon Payment till up to %50
  • Term 60 Months
  • Low Annual Percentage Rate (including insurance) starting from %4.46

Example 1 : Salary Transferred Customer

Asset TypeFinance AmountMaturity in YearsAPRMonthly Repayment AmountResidual Value
Car100,000 SAR5Years4.46%91650,000

* APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of customer transferred salary and non-transfer salary.  

*Above examples for calculating the Profit based on the offer.

Non-Salary Transferred Customers

  • *Down payment starts from %0
  • Admin Fees %0.50
  • Balloon Payment till %50
  • Term 60 Months
  • Low Annual Percentage Rate (Not including insurance) starting from %5.26

Example 2 : Non-salary transferred

Asset TypeFinance AmountDown paymentMaturity in YearsAPRMonthly Repayment AmountResidual Value
Car100,000 SARNon5 years5.26%96550,000

* APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of customer transferred salary and non-transfer salary.  

*Above examples for calculating the Profit based on the offer.

Terms and Conditions

Definitions

Asset TypeFinance AmountMaturity in YearsAPRMonthly Repayment AmountResidual Value
Car100,000 SAR5 years4.46%91650,000

The Annual Percentage Rate (APR):

It is the discount rate at which the present value of all payments and installments that are due from the Borrower, representing the Total Amount Payable by the Borrower, equals the present value of all payments of the Amount of Financing available to the Borrower on the date on which the Financing amount or the first payment thereof is available to the Borrower.

 

Finance Amount:

The contract stipulates the amount of financing you will receive in addition to the period of repayment of the installments, stating their value and the maturity date of these installments. The data also include the cost of obtaining funding in terms of knowing the fixed term cost rate and management fees.

Maturity In Years:

The duration of the contract agreed upon between the parties, which shall indicate the date and expiry of the contract with the parties with the terms of the contract

Monthly repayment amount:

These payments are recognized in the contract, and the lessee is obliged to pay them on the due dates. The contract shall also include a schedule of repayment installments, in which the value of the asset's rent and the value of the right of ownership shall be shown separately, provided that the premium for any period shall not be less than the principal's rent for that period in the contract.

Residual Value:

The last payment is usually to 40% of the car price which you decide to pay at the end of the lease. It makes the monthly rentals that you pay less, but you have to be ready to make a large payment at the end of the lease.

How to apply

  • Please visit your nearest Al Rajhi Bank branch, or visit any dealer’s showrooms. Or call 8001241222
  • Apply online
  • alrajhi Bank Applications (IOS - Android)

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