Auto Finance made easy
Auto Finance is a tailored made flexible solution designed to enable you to Finance a car you want.
- Quick Processing time.
- Salary Transfer not mandatory requirement.
- Flexible finance tenure.
- Simple documentation
- Competitive profit rates.
- No insurance hassle.
- Balloon Payment & Balloon Refinance option available.
Car Lease Calculator
Your Monthly Repayment
Enter information to calculate your car finance plan
Your Finance Amount
Total Financing Amount Payable
* 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.
You only need Auto Insurance for your car
Saudi Arabia records 526,000 road accidents annually
Vehicle insurance covers you against damages to your own vehicle and indemnities to third party vehicles.
How to Apply
Murabha Car Finance Solutions
What is Car Murabaha?Car Murabaha is structured under the shariah principle of Murabaha where Al Rajhi Bank buys the car from the seller first and post-acquisition sells the car to the customer over the agreed period (cost plus profit). You own the car during and after the financing term.
How quickly I can get the Car?We are determined to serve you as quickly as possible. On average the whole process from your request till handover takes average of 5 working days.
How long is the lease term?It is up to 5 years, as long as you don’t exceed retirement age on your last monthly payment.