It allows you to finance your dream car through AlYusr in easy installments.
Advantages:
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Financing amount of up to 300,000 riyals.
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No sponsor needed.
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Down payment starting from 0%.
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Final payment up to 30%.
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Option to schedule the payment up to 24 months.
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Zero administrative fees.
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Financing period of up to 5 years.
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Option of financing used cars.
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A wide network of partnerships with dealerships and showrooms across the Kingdom.
General Conditions:
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Saudi customers (21-60 years old) (for military, according to retirement age) - residents (22-60 years).
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Monthly salary starts from 4,000 riyals.
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Employed for no less than three months.
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Comprehensive insurance controls apply to vehicles.
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Terms and conditions apply.
Required Documents:
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National ID / Resident ID.
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Definition of salary.
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Driving license - valid.
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Price offer of the vehicle (all authorized dealerships and showrooms).
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Bank statement for the last three months.
Calculated Examples:
*The above table is for example only , and the annual percentage rate may vary according to the amount, maturity period and creditworthiness for each customer
|
Residual Amount |
Montly Installment |
APR |
Tenor in years |
Finance Amount |
Asset Type |
|
38,250 |
2,905 |
Begain from 13.15% |
5 |
150,000 |
New Vehicle |
|
19,125 |
1,807 |
13.52% |
5 |
90,000 |
New Vehicle |
|
4,250 |
1,334 |
16.39% |
4 |
50,000 |
Used Car |
Last update on 01-03-2023
* Terms & conditions are applied