Auto lease to own Financing

Your Monthly Repayment
SAR 0*

Enter information to calculate your car finance plan

Your Finance Amount
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Total Financing Amount Payable
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APR
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* Terms and Conditions

This calculator and is intended for use as a guide only. Results calculated do not constitute an offer and have no legal effect on any contracts signed between you nd Al Rajhi Bank.

Avoid Risks, get the safe finance solution:

Get the most secure finance, Al Rajhi bank customers can obtain refinance at competitive rates, without going to unreliable financers. Avoid risks, and benefit from Al Rajhi bank solutions with the peace of mind that you deserve.

Auto Lease to Own Product Features

  • Shariah Compliant

    Acquire a vehicle in a Shariah compliant manner. All programs are approved and monitored by our Shariah Board.

  • Flexible Finance

    We offer relaxed eligibility with a flexible finance tenor period to meet your individual needs.

  • High Finance Amounts

    We offer a zero downpayment option as well as car financing up to SAR 2 million.

  • Uncomplicated Finance

    We offer straightforward auto financing with no hidden fees or penalties for early settlement.

  • Extended Warranty

    Auto lease financing comes with an extended warranty for the entire lease tenor for faults that are not caused due to negligence.

Enjoy Offers with Auto Lease to Own Finance

How to Apply

Salary Transfer Customers

  • SAUDI NATIONALS
  • NON SAUDI NATIONALS
  • RETIREE

Here are the things that we’ll need from you…

Eligibility & Criteria

  • Minimum income requirement starting from SAR 2000
  • Maximum age of 65 years

Required Documents

  • Quotation
  • Completed Application form
  • Copy of Valid Saudi ID 
  • Employment letter

FOR ENQUIRIES CALL:

+9668001241222

Here are the things that we’ll need from you…

Eligibility & Criteria

  • Minimum income requirement starting from SAR 2000
  • Maximum age of 65 years

Required Documents

  • Quotation
  • Completed Application form
  • Copy of Valid Saudi IQAMA
  • Copy of Passport 
  • Employment letter

FOR ENQUIRIES CALL:

+9668001241222

Here are the things that we’ll need from you…

Eligibility & Criteria

  • Minimum monthly requirement starting from SAR 1900
  • Maximum age for Retired Customers: 65 years or less at the time of the lease maturity

Required Documents

  • Quotation
  • Completed Application form
  • Copy of Valid ID for Saudi National
  • Bank statements for the last six months

FOR ENQUIRIES CALL:

+9668001241222

How to Apply

Non Salary Transfer Customers

  • Am I Eligible?

Here are the things that we’ll need from you…

Eligibility & Criteria

    Minimum income requirement:

  • On Job Customers: SAR 2000
  • Retired customers: SAR 1900
  • Max Age

  • On Job Customers: 60 years or less at the time of lease maturity
  • Retired Customers: 65 years or less at the time of lease maturity

Required Documents

  • Quotation
  • Duly Filled Application form
  • Copy of Driving License
  • Copy of Valid ID for Saudi National
  • Copy of Iqama for Expats
  • Copy of Residence Visa for Expats
  • Employment letter for on job applicants
  • Proof of income for Retired applicants
  • Last six month bank statement

FOR ENQUIRIES CALL:

+9668001241222
Frequently Asked Questions:
Auto Lease to Own Finance
  • What is Flexi Auto Finance?
    Flexi Auto Finance is structured under the shariah principle of Ijara where Al Rajhi Bank buys the car from the seller first and post-acquisition leases it to the customer over an agreed period. During the Lease period the customer pays rent and at the end of the lease period bank transfers ownership of the vehicle to the customer.
  • What is the shariah structure of Flexi Auto?
    Flexi Auto Finance is structured under the Islamic Principle of “Ijara”.
  • Are there any administrative fees?
    We charge an admin fee of 1% of Finance Amount (or SAR 5,000, whichever is lower)