Nothing can stop you, renew vehicle registration license and more with a click of a button.
Now, you may send number of requests related to the Car Leasing product to the customer service team, directly through the Al Mubasher application without the need to contact the bank, these include:
After Sales Services:
- Request a vehicle registration renewal
- Request additional key
- Request a transfer of ownership after installments have been paid
- Sharia Complaint Financing
- REDF support to cover the full/portion of profit
- Quick Financing Approval
- Home Insurance
- Longer Financing Tenor up to 30 Years.
- Higher Financing Eligibility up to SAR 5 Million
- Financing ratio of up to 90%
- Exemption of heirs from paying the remaining installments in the event of death "God forbid”.
- Annual Percentage Rate is 4.08% for Murabaha products
- Management fees equal to 1% of finance amount or SAR 5,000 whichever is less
Terms and Conditions
Frequently Asked Questions:
What happens if I want to sell the property before the financing is paid off?You would need to make an immediate repayment of the principle outstanding amount by way of early settlement and we would transfer the title in your name or to the person you requested.