Ijarah

It allows you to finance your dream car through AlYusr in easy installments.

Advantages:

  • Financing amount up to SAR 750,000.
  • No guarantor.
  • Competitive profit margin.
  • Financing tenor up to 60 months.
  • Possibility to financie pre-owned vehicles.


General Conditions:

  • Public & Private Sectors: Mininmum Salary of SAR 4,000 for saudis, Minimum salary of SAR of SAR 5,000 for Expatriates.
  • 3 Months for employment experience period for Saudis and 6 months minimum employment for Expatriates.
  • Age from 18 - 60 years, and up to 70 years for pensions.
  •  Net selling price must be from 30,000 and above.

Required Documents:

  • Proof of income letter verified by Chamber of Commerce (Private sector).
  • Valid ID.
  • Valid driving license.
  • Valid passport (Exptriates).
  • Valid ID in the home country (Exptriates).
  • Bank account statement.
  • National address.
  • Car quotation (Must be accredited by Al Yusr).
  • Deduction Form (For pensioners).

    
* Terms & conditions are applied

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