Alinma Bank’s Car Financing, a flagship offering in its diverse portfolio of financial services, is a testament to the institution’s commitment to providing tailored solutions to meet the varied needs of its clientele. Designed to make the dream of owning a car a reality, Alinma Car Financing offers flexible and competitive financing options. Whether individuals are seeking a new or used vehicle, the bank’s financing solutions are crafted to suit different budgets and preferences. With competitive interest rates and transparent terms, Alinma Bank ensures a straightforward and accessible process for acquiring a vehicle. The seamless integration of technology further enhances the customer experience, allowing for convenient application processes and quick approvals. Alinma Bank’s Car Financing not only reflects its dedication to facilitating financial empowerment but also underscores its role as a leading player in the Saudi Arabian banking sector.
Global Limit Application Criteria:
- Employment with an Alinma-Approved Employer
- Opening a Current Account with Alinma Bank
- Obtaining a Certified Letter from Your Employer, Confirming Salary and Service Period Details
- Securing a Certified Letter from Your Employer, Validating Salary Deposits with Alinma Bank
Key Features and Advantages:
- Swift Final Approval Process
- Vehicle Registration in Your Name
- No Requirement for a Guarantor
- Financing Available up to SAR 2,000,000 (total)
- Individual Car Financing up to SAR 500,000
- Flexible Financing Period Extending up to 60 Months
- Choose from Alinma’s Approved Dealer Network
- Administrative Fees Capped at 1% of Financed Amount or SAR 5000 (whichever is lower)
Prerequisites:
- Valid Identification Document
- Vehicle Specifications
- Global Limit Request
- Completed Car Financing Application Form
- Acceptance Letter from Agency or Showrooms
- Customs Card Copy
