Offer Auto Lease

Offer Auto Lease

​Enjoy owning your car with Bank Albilad Auto Lease Financing with 0% down payments and a salary starting from 3000 riyals. You just have to select a car from an approved dealer or showroom and submit the documents. If approved, a few simple steps will lead the vehicle to your home.



​features


  • 0% down payment
  • Option to get up to 3 cars
  • The minimum amount based on the salary transfer is SAR 3000 
  • The minimum for non-salary transferees is  SAR 5000
  • The deduction ratio is up to 65%
  • The financing amount is up to SAR 500,000
  • Sharia-compliant program

*Terms and conditions apply.

Terms and Conditions 


  • This offer is valid until  30-06-2022
  • Customers must be 18 years of age or older (with proper ID documents and copies available).
  • The minimum amount based on the salary transfer is SAR 3000 
  • Customers must have a current account with Bank Albilad. 



How the profit margin is calculated?

Here is an example of how the profit margin is calculated:

Auto Lease​
Car Price with VAT
80,000 SAR
​Down Payment 
​ 0%
​Finance amount
80,000SAR
Management fees 1% of the Financing Amount 
920 SAR
Finance duration
​ 60 months
​Monthly installment
​ 1,186.67 SAR insurance is not included
APR*
6.96% insurance is not included
Balloon Payment 32,200 SAR


*Annual Percentage Rate (APR) varies based on amount and maturity period, while it is also subject to the customer's credit history 
* VAT included
The above calculation method is considered an example, and that prices are subject to change due to other factors.
  TERMS AND CONDITIONS APPLY.




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