We would like to inform you that Tamweel Aloula will be unavailable during Friday, July 14, from 1:00 pm to 5:00 pm, in order to perform maintenance work.

Auto leasing

Last update done to this page on 01/11/2023

Auto lease financing allows you to own a new or used vehicle through our partnerships with many showrooms and agencies through flexible installments. Saudis and residents of Saudi Arabia can apply for this solution where they can have the car of their choice through digital channels or by visiting one of our branches.

Auto leasing terms and conditions:

  • Includes employees and retired individual.
  • Age of applicant must be between 21 and 60
  • Minimum salary of 3500 for Saudi Nationals.
  • Minimum salary of 4000 for residents of Saudi Arabia with 15% first payment.
  • The minimum financing amount is not less than 10,000 riyals, and the maximum financing amount is 250,000 riyals.
  • Duration of service is at least 4 months for the private sector and at least 3 months for the semi-governmental sector and at least 1 month for the governmental sector.
  • The APR ranges between 10% – 16% (insurance excluded) and varies according to financing amount and repayment period.
  • The repayment period ranges from 6 months to 60 months.
  • The percentage of salary deduction is up to 45%.


Financing Ammount Tenor Financing Cost Monthly Installment Administration Fees APR
60,000 SAR 24 10% 2,000 SAR 600 18%
72,000 SAR 48 9% 1,466 SAR 720 15%
80,000 SAR 60 8% 1,458 SAR 800 14%
Note: Numbers are for illustrative purposes only, and do not constitute a binding offer form the company.
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