Lease financing product 50% -50%

the customer pays 50% down payment, and a final payment (Balloon payment) of 50% that due at the end of the leasing period after two years to own the vehicle, after paying the last payment.

Key Features

  • Sharia-compliant financing of up to 800,000 SR.
  • No salary transfer required
  • Available to Saudis and residents in the Kingdom
  • Available for new and used cars.
  • Fast to obtaining approvals and completing procedures
  • Flexible 50% down payment and 50% Balloon payment after 2 years of leasing.
  • 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
  • SFL Mobile application for easy access to the services available in the application

Conditions

  • An employee with a period of service not less than 3 months.
  • Fill out a financing request form.
  • Total salary of not less than 8000 SR.
  • Terms and Conditions applies.

Required Document

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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