Al Rajhi Bank - Car financing for Private Sector (Transferred Salaries & 3 - 5 Years Financing)

Flat Rate
3.25%
Max. Financed Period
5Yrs
Min. Monthly Income
350JD
Down Payment
10%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • Salary must be transferred
  • salary must be above 500 JDs for Non-Accredited companies
  • Sharia-compliant
Main Features
  • Financing new & used cars
  • 90% Financing for New Cars & 80% for Used Cars
  • Max. used car age 6 years
  • Interest differs depending on the loan tenure
Required Documents
  • No set-up or monthly fee
  • Most recently salary slip
  • 6-months bank statement
  • Appraisal value and condition for the car
  • Quotation