Car Finance

Putting you in the driver's seat

Apply Now

Putting you in drivers seat

About our service:

Growing your fleet or improving your operational efficiency has never been easier. Let us help you spread the cost of acquiring new cars.

  • Quick processing
  • Attractive profit rate
  • Affordable repayment structure

Key Features:

  • Financing Solutions

    Get financing up to SAR 2 million for new vehicles based on your total monthly instalments on existing loans (if any). Customers with a good credit history can be financed up to SAR 5 million, subject to bank approval.

  • Get your business moving

    Our auto financing program offers flexible, competitive shariah compliant financing for businesses engaged in passenger transport, vehicle rental services, tourism activities and any other business that operates an income-generating fleet of vehicles.

  • Takaful Insurance

    As part of our finance offering, your vehicle is covered by Takaful (insurance) for the whole lease period.

  • Vehicle selection

    Choose the Vehicle/s you require and get a quotation from the showroom, our representative will assist you with all the finance details, alternatively you can visit any branch/ SME branch near you.

Eligibility:

  • Commercial Registration and activity license
  • Audited Financials
  • Large range of accepted Collateral
  • Approve the Clean credit history at Bayan Credit Bureau

Сommercial registration

A valid copy of the commercial register/ industrial license.

Copy of National ID for owner/s.

A copy of the national identity / residence permit for the owner of the sole proprietorship / and all the partners if it is a company.

Audited financial statements

Audited financial statements for the last three years of the business activity.

Social insurance

A copy of the valid certificate of social insurance

Company's Memorandum

Company's Memorandum of association / decisions of the founding partners.

Nitaqat Certificate

A copy of the valid Nitaqat Certificate (Labor office).

Department of Zakat Certificate

A copy of valid certificate from the Department of Zakat.

Establishment’s profile

Establishment’s profile

Apply Now

Discover the alrajhi bank business app

Apply Now

Contact your Relationship Manager for more details

Call Now

We're just a call away

Visit Now

There is always a branch nearby