Applying for car financing.

Overview of Car Financing: A financing product aimed at citizens capable of working who have not found a job opportunity or those wishing to increase their monthly income, as this product allows them to benefit from affordable financing that enables them to practice freelance work for their personal account. ((Loan beneficiaries))• Student• Female student• Unemployed male• Unemployed female• Married male• Married female• Divorced male• Divorced female• Widower• Widow• Employed in the private sector• Employed female in the private sector• Employed in the government sector• Employed female in the government sector ((Requirements for car financing))• Applicant’s age from 18 to 65 years• Clean credit record• The applicant must provide collateral for the financing• The applicant’s monthly income must not exceed 20,000 riyals• Valid driving license• No traffic violations• Registration with one of the approved companies Uber and Careem depending on the type of route• Vehicle insurance• Presence of a freelance work document ((Students, unemployed, employed in the private sector, employed females in the private sector, retired males and females in the private sector, must have a government guarantor))Advantages of the productAdvantages of the loan• Vehicle financing ceiling up to 300,000 riyals• Financing period up to 60 months• Administrative fees not exceeding 7,500 riyals• Monthly repayment methodNote *To know if the loan will include you based on the remaining salary, please select the inquiry package for financing. After purchasing the service, we will contact you via WhatsApp.