Auto Finance for Individuals:

TAAJEER Finance Company is characterized by providing a package of flexible financing solutions to enable the customer to obtain the car that he wishes to own with the financial leasing system compatible with Islamic Sharia, to be paid in easy installments and easy payments for a period of up to 5 years.

Features

• The possibility of financing for citizens and residents
• Fast approval
• No down payment
• Without salary transfer
• Without a sponsor or an identifier
• full insurance
• Ease of payment
• After-sales service
• The possibility of repayment up to 60 months

The conditions:

• Customer’s age starts from 21 years
• The monthly income starts from 4000 riyals
• The period of service for the government sector is not less than one month / 3 months for the private sector
• A valid license

Requests:

• Fill out the application form
• A copy of the national identification card
• A copy of the license
• 3-month bank account statement
• A copy of the national address
• A copy of the social insurance | For the private sector

Calculate finance

The prices shown are approximate prices and are subject to terms and conditions according to the credit policy of the financial leasing company and do not include the insurance value.

(According to the insurance controls, the insurance rate is based on the client’s insurance record)

Examples of financial calculation

Example 1:

Asset type	Financed amount	Accrual in years	Financing ratio rate	The monthly installment amount	Residual value
Car	58,500	5 years	12%	1,094.00	16,250.00

Example 2:

Asset type	Financed amount	Accrual in years	Financing ratio rate	The monthly installment amount	Residual value
Car	54,000	5 years	13%	1,173	15,000

Example 3:

Asset type	Financed amount	Accrual in years	Financing ratio rate	The monthly installment amount	Residual value
Car	49,500	5 years	13%	1,323	13,750