“With the lowest salary” conditions for financing the purchase of a car from Al-Rajhi Bank without down payment

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In the case of buying a car Al-Rajhi Bank, Al-Rajhi Bank provides multiple financing packages to attract customers and work to achieve their goals, as it is the largest banking institution in the Kingdom of Saudi Arabia and in the Middle East in general.

In this article, we offer you solutions to buy a car from Al Rajhi Bank with the appropriate financing for your potential, whether rent or installment.

Financing the purchase of a car in installments from Al-Rajhi

If your choice is to own a car in installments, Al-Rajhi Bank offers you financing with distinctive standards. It is your ideal choice. In the case of installment financing, the salary must be transferred, and it is characterized by speed of approval, as it is available for new and used cars.

Installment financing is also compatible with the provisions of Islamic Sharia, whereby Al Rajhi Bank buys the car that the customer chooses from an approved seller, and then sells it to the customer according to the specified installment period and the agreed profit. In this case, the customer can register the car in his name or sell it whenever he wants.

Car rental finance from Al Rajhi Bank

Ownership lease financing is one of the solutions offered by Al Rajhi Bank. It is a practical and innovative solution that has been specifically designed to give you the opportunity to own a car that suits your needs.

Advantages of leasing financing

  • Speed ​​in procedures and obtain approval.
  • Available for both new and used cars.
  • Salary transfer is not required.
  • Compliant with the provisions of Islamic Sharia.

The car is purchased through Al-Rajhi Bank, which the customer chooses from one of the sellers approved by Al-Masry and then rents it to the customer for the period agreed upon according to the specified price and profit. A month from Al Rajhi Bank.

Financing is available for both new and used cars such as lease financing.

How to apply for a car financing request from Al Rajhi

  1. The customer must log on to the Al Rajhi Bank website.
  2. Select the car finance icon.
  3. Select the type of financing you would like.
  4. Write down your monthly salary.
  5. Then enter the value of your monthly obligations.
  6. Then select the number of installment years.
  7. Then enter the down payment.
  8. Then enter the final payment.
  9. Click on the Calculate icon, and you will see the value of the car finance from Al Rajhi Bank directly.

Al Rajhi Car Finance Calculator

As for the Al Rajhi Car Finance Calculator, it is the calculator that the bank gives to customers, in order to make it easier for them to know the value of the installments that must be paid monthly, according to the criteria you set on the calculator, and once the value of your monthly installments is estimated that suits you, then it is possible to obtain the dream car only in 30 minutes.





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