Car Financing

Now, with Alinma’s car financing program, owning a car of your choice is fast and easy. This Shariah-compliant, personal financing solution, is a unique service built around our core values – innovation, respect, and transparency.
 
Key Benefits

• Instant final approval
• Car registration under your name
• No guarantor necessary
• Financing up to SAR 2,000,000 total
• Financing up to SAR 500,000 per car
• Financing period up to 60 months
• Dealer of your choice from the Alinma list of approved dealers
• Administrative fees equals to 1% of the financed amount or SAR 5000 (whichever is less)

 
Requirements

• Valid national I.D. (for Saudi nationals)
• Valid Iqama & passport (for foreigners)
• Vehicle specifications
• Al-Had Al-Shamel (credit limit)
• Completed car financing application form

 
Al-Had Al-Shamel (credit limit) Application Requirements

• Employer must be from the Alinma list of approved employers
• Open a current account with Alinma Bank
• Obtain a certified letter from your employer indicating your salary and service period details
• Obtain a certified letter from your employer verifying your salary deposit with Alinma Bank (assignment of salary and benefits)

*For more information Please call 8001208008