رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
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Albilad Phone 920001002 عربي Careers

Auto lease financing


 A program carried out by the bank on the basis of buying the car from agencies or car shows, according to the specifications required by customer, which is subject to Bank Albilad terms and conditions of Auto-lease Financing. The bank buy the car and insure it until the end of the lease period. A contract will be made with the customer for him to hire the car for a certain period and acquiring it until the end of that period and after paying the last remaining amount owed to the bank. 


Auto-lease Financing Advantages

  • Certified by the Bank Sharia Committee.
  • Saudis and non-Saudis are eligible to apply for Auto-lease with or without Salary guarantee transfer.
  • Available to customers of age 21-65 years.
  • Up to 65% deductible.
  • Financing up to Five years.
  • Financing up to 500,000 SAR. 
  • Comprehensive insurance coverage during the lease period, repairs of the vehicle will be made at the car agency.
  • Access to the car without down payment and optional final installment.
  • Possibility of renting three cars 
  • Authorizations for driving  within and outside the Kingdom, with a possibility of adding second and third drivers for the same car , they should be first-degree relatives.
  • Relinquishment of the car to another customer is possible.

Auto-lease financing mechanism

The first stage: 
Visit agencies and exhibitions approved by the bank – choose your car type.

Phase II - Initial Approval 
  • Fill in the “ My car” rental application request. 
  • Provide the required documents to the representatives of Bank Albilad in exhibitions or after-sales service centers

Phase III - final approval and the receipt of the car: 
  • The client will be informed for the Final approval.
  • attaining car registration plates from Traffic department.   
  • Setting up the vehicle for the customer to pick-up.

Required Documents

  • Proof of valid identity (ID Card or family book for Saudis or Resident ID for non-Saudis)
  • Salary certificate from the employer- letter of  salary transfer
  • Quotation of the car with the required specifications.
  • Account statement for last three monthly salaries for customers who desire not to transfer their salary.
  • Proof of residency address for customers whom chose not to transfer their salary. 
  • Home and work addresses.
  • Open a current account for customers without salary transfer 
  • Payment receipt of down payment and administrative fees from the car agency or exhibition.
  • Saudi valid driving license

After-sales service  
 After  sales service centers in Riyadh, Jeddah and Dammam, contact Albilad sales phone for more information at 8001236666  


You can submit your application via our website directly. Apply now