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Auto Lease National Day Offers

Riyad Bank auto leasing allows you to lease the car of your choice through Shari’a compliant programs and easy flexible installments plans 

*Terms and conditions apply

 
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More Information

  • Quick approvals with 30 minutes after uploading documents
  • Allows customer to acquire cars financing in a Shari’a compliant manner
  • Flexible financing tenor up to 60 months
  • APR starting from 2.45%
  • For Selected  Authorized  Dealers only  
  • Fully insured until loan settled
  • Customers can buy 3 cars under his/her name max up to SAR 500,000

 

For salary transferred customers:
  • Offer is valid until 30/9/2023
  • National ID / Iqama required
  • Valid driving license required
  • Salary certificate letter for all sectors approved and non-approved
  • Passport copies for non-Saudis
  • Financing tenor is 60 months
  • Minimum net salary SAR 4,000
  • Bank statement not required
  • Insurance as per customers’ history
  • Customer must be 18 years old and above
For salary transferred customers:
  • Offer is valid until 30/9/2023
  • National ID / Iqama required
  • Valid driving license required
  • Salary certificate letter for all sectors approved and non-approved
  • Passport copies for non-Saudis
  • Financing tenor is 24 months
  • Minimum net salary SAR 8,000
  • Bank statement not required
  • Insurance as per customers’ history
  • Car value starting from 100,00 including VAT
  • Customer must be 18 years old and above
Dealer Name
 
APR  Starting From
 
  1. Wallan Trading
4.10%
  1. Mohammed Yousef Naghi Motors
4.10%
  1. Al Majdouie Automotive
4.10%
  1. Al Jomiah Automotive
6.46%
  1. Kia Al Jabr
7.05%
  1. Kia NMC
7.05%
  1. Petromin
5.50%
  1. Al Falah for Cars
6.45%
  1. Saleh For Cars
5.45%
  1. Al Juffali Automotive
2.45%
  1. Najeeb Auto
4.75%
  1. Jetour National Motors Supplies
5.45%

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Apply Online - Auto Lease National Day 

Riyad Bank auto leasing allows you to lease the car of your choice through Shari’a compliant programs and easy flexible installments plans 
Please complete the form below

Type three apply now

Our apologies. With the provided information, you are not eligible for a personal loan
Employment Eligibility Personal Information
Financial
Vehicle & Finance Details

Monthly installment

SAR

Relationship with bank should be at least 6 month as customer
Business owner product only available for Riyad Bank customer
Loan amount

 SAR

Total loan amount

 SAR

Profit amount

 SAR

Down payment

 SAR

Balloon payment

 SAR

Admin Fees

 SAR

Term

 Month

* All amounts are in SAR
* Please note that these are simulated amounts and they represent an approximation and not the exact numbers.
Age must be greater than
Age must be less than
Age must be less than
non-saudi-max-age-limit
Thank you for applying. Your Reference Number is

A representative from Riyad Bank will contact you to complete your request.
Keeping in mind that a current account is required to obtain any product or service from Riyad bank, if you do not have one yet, you can open an account from here

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How to Apply?

For an initial approval, you can either visit a dealership sales consultant or visit one of our selected branches, or even call us on 800-124-2020.

Once you have the initial approval, you can provide the rest of the following documents:

  • Salary certificate (less than two months old)
  • A valid Saudi national ID / Iqama
  • A completed lease application form
  • A valid driving license
  • 3-month bank statement for your salary account (required if your salary will not be transferred to Riyad Bank)
  • Salary transfer letter (in case of financing with salary transfer to Riyad Bank)
  • Vehicle quotation (from a dealer approved by Riyad Bank)

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