Hyundai | Almajdouie Offer

Enjoy great deals on Hyundai Company for Hyundai Cars with the best offers from Al Rajhi Bank on all models from Almajdouie .

Al Rajhi Bank is pleased to offer you the best car leasing offer.

Salary Transferred Customers to Al Rajhi Bank

  • Zero Down Payment
  • Zero Admin Fees
  • Low Easy Monthly Installments
  • Balloon Payment up to 35%
  • Term 60 Months
  • Low Annual Percentage Rate starting from 8.74%

Non Salary Transferred Customers

  • Zero Admin Fees
  • Down payment starts from 5%.
  • Low Easy Monthly Installments
  • Balloon Payment up to 35%
  • Term 60 Months
  • Low Annual Percentage Rate starting from 10.46%

Terms and Conditions

  • Terms and conditions apply
  • Offer is valid from 1 September until 31 December 2019 or while supplies last
  • Specifications for the car displayed and the image may vary for the purpose of advertising only

*Al Rajhi Bank is controlled and supervised by SAMA

  • Disclosure of Interest Rates on Financing and Saving
    • Disclosure of Interest Rates on Financing and Saving

      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.

      Illustration:

      Asset Type Loan/Finance Amount Maturity in Years APR Monthly Repayment Amount Residual Value
      Car 80,000 5 Years 5.91% 1,261 29,261

      *APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer.

      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 0 % to 35% 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.

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How To Apply

  • Please visit your nearest Al Rajhi Bank branch
  • Call us at 8001241222
  • Apply Online