At anb we realize that a car is a basic necessity for everyone. Therefore, we are introducing our new car leasing finance program “lease to own” that complies with the Islamic Shariah rules, and is authorized by the bank shariah committee. This program is one of our financial solutions that offer the opportunity for you to drive your favorite dream car, while repaying its value through easy monthly lease payments.

Features :

• Complies with the Islamic Shariah rules.
• Financing amount up to SR 500,000.
• Up to 5 years tenure.
• No guarantor.
• Easy paperwork and swift approval.
• No salary transfer required.
• Available for Saudis, expatriates and ladies.
• Provides full cooperative insurance.
• Down payment is possible.
• Easy balloon payment.
• Easy access for lease payments through ATM, Phone Banking, Internet Banking, Credit Cards, Cheques, Monthly Direct Debit, and Cash Deposit.

Eligibility :

• To be a government employee, military staff, a pensioner, working in the private sector, or a professional (Engineer, Physician, Manager).
• To have a total monthly income of SR 3,000.
• Your age should not be less than 20 years.

Required documentation :

• Completed and signed application form.
• Original employment certificate including number of years in service, title and salary details (Attested by Chamber of Commerce for private sector employees).
• Photocopy of valid Saudi ID/Iaqma.
• Photocopy of house proof of ownership or house rent contract.
• Photocopy of landline telephone and electricity bills.
• Sketch (Map) of residence and work locations.
• Last month’s original bank statement.

Apply through any of the following channels:

• Visit the bank’s representative at car dealers.
• Visit the nearest anb branch.
• Call anb phone banking at 800 124 4141.
• Visit anb’s website to apply online www.anb.com.sa