We also know that the car is very important in our daily life and should be present to all people due to its necessity, and therefore the National Bank of Saudi Arabia presented a new solution for citizens Saudis and foreigners residing in the Kingdom. of Saudi Arabia, as many people who reside in the Kingdom of Saudi Arabia and its citizens need to buy many cars, but the cost of buying a car is completely different from the specifications they want, and this is what we will talk about today, how to rent cars without the presence of the sponsor and without transferring the monthly salary.
National Commercial Bank of Saudi Arabia car rental program
This program has offered many new cars and also with modern specifications to all the people residing in the kingdom of Saudi Arabia, where any person can ask the bank to choose the type of car they want to rent, after that the bank will buy the car. he wants, and then presents it to him with a fixed-term lease and an agreed-upon salary, and at the end of the contract period, the person has two options, either own the car and pay the remainder of the the bank price, which has been agreed in advance, and the second option is to return the car to the bank.
Features of the National Commercial Bank of Saudi Arabia car rental program
And this program is one of the best programs available in Saudi Arabia right now for car ownership, and this program has many advantages and positive features, including the ones we will mention to you:
- The program offers 500,000 Saudi Riyals with the purchase of the car.
- Al Ahli Bank of Saudi Arabia implements 100% Islamic Sharia.
- The bank does not require the approval of persons or the transfer of salary.
- This financing can be used by Saudi nationals and foreigners.
- There is a flexible period in car financing of up to five years.
- During the rental period, the bank fully insures the car.
- The maximum financing interest is for five cars.
In conclusion, most Saudi citizens have benefited from this unique, useful and economical program. That helped them own modern cars at reasonable prices and with long installments as desired by every citizen. Also, the National Commercial Bank of Saudi Arabia’s car rental financing program allowed all categories of people to get cars.