Key Features
- Sharia-compliant financing of up to 800,000 SR.
- No salary transfer required
- Available to Saudis and residents in the Kingdom
- It is not required to have a debtor guarantor
- Available for new and used cars
- Fast to obtaining approvals and completing procedures Comprehensive car insurance coverage for the entire rental period
- Multiple options to terminate the contract or own the car during the contract period or at its end
- Balloon payment up to 70%
- No down payment
- No administration fees
- Without profits during one year of leasing.
- SFL Mobile application for easy access to the services available in the application
- Reschedule option for balloon payment for 60 months.
Conditions
- An employee with a period of service not less than 3 months.
- Fill out a financing request form.
- Total salary not less than 5000 riyals for Saudis and 7500 riyals for non-Saudi
- Terms and Conditions applies.
Required documents
| Document | Government Sector | Private Sector | Saudi | Non-Saudi |
|---|---|---|---|---|
| Salary certificate including basic salary + basic allowances with mention of the job title | ||||
| certified by the Chamber of Commerce for the private sector | ||||
| Valid National ID/Iqama | ||||
| Social Insurance Certificate | ||||
| Account statement for the last 3 months | ||||
| Account statement for the last 6 months | ||||
| Valid driver's license |
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Out of our attention and awareness of the importance of providing the best financing solutions in the world of leasing finance that meet the requirements and needs of the individual, we are keen to be your first choice.
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