Individual Ijara - SalesLeaseBack | SFL

800 118 2222

Individual Ijara - SalesLeaseBack

Possibility of selling and leasing your vehicle during the financing period and benefit from the financing in cash.

Key Features
- Sharia-compliant financing, up to 80% of your car value and up to 250,000 Riyals.
- No salary transfer required
- Flexibility in choosing the amount of the monthly rent up to 5 years
- Available to Saudis and residents in the Kingdom
- Fast to obtaining approvals and completing procedures Comprehensive car insurance coverage for the entire rental period
- 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 not less than 7500 riyals.
- Vehicle age should not exceed 3 years.
- Vehicle millage distance should not exceed 50,000 km
- Terms and Conditions applies.

Required Document

Document	Government Sector	Privet 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	✔	✔	✔	✔