FAQs
Personal Loans:
What is the maximum and minimum financing amount?
The minimum financing amount is SAR 15,000, while the maximum financing amount varies according to the Credit Status and may be up to SAR 300,000.
Is cash financing available for residents?
Currently, cash financing is available to citizens only.
Are the admin fees fixed?
Admin fees are 1% or SAR 5,000, whichever is less.
How to Apply for Financing?
The Financing Application can be submitted via the website (click here), or by calling the toll-free No. 8001200066, or by visiting one of the Sales and Service Centers (click here).
Finance Leasing:
Can the final payment be scheduled for monthly installments?
Yes, the final payment can be rescheduled into monthly installments by submitting a Request to schedule the final payment by the client.
Yes, you can submit your Application from here.
Yes, you can submit your Application from here.
What is required to transfer ownership after repaying the financing?
A copy of the valid periodic inspection.
A copy of the vehicle’s valid insurance (in the name of the person in whose name the vehicle is requested to be transferred).
A copy of the national ID and a valid driver’s license.
A copy of payment of the vehicle ownership transfer fees.
A copy of payment of the excess insurance amount in the event of Contract expiration along with the client's delay in transferring ownership.
Ensure payment of all installments and financial dues of the client.
A copy of the valid periodic inspection.
A copy of the vehicle’s valid insurance (in the name of the person in whose name the vehicle is requested to be transferred).
A copy of the national ID and a valid driver’s license.
A copy of payment of the vehicle ownership transfer fees.
A copy of payment of the excess insurance amount in the event of Contract expiration along with the client's delay in transferring ownership.
Ensure payment of all installments and financial dues of the client.
