800 118 2222 العربية
  • Individual Ijara - Sign and Drive Leasing

    allows you to choose the right car, without down payment, without administration fees, without profit and insurance fees.

  • Key Features

    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

    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 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 ✔
 ✔  ✔ ✔