VC 21L,2000W, Drum - Red

Abdul Latif Jameel Finance Company

Terms and Conditions for Financing

* Sharia-compliant financing.
* No guarantor required for Saudis up to SAR 100,000.
* No guarantor required for expatriates up to SAR 50,000.
* Flexible financing period of up to 60 months.
* Minimum salary requirement: SAR 2,500.
* Minimum loan amount: SAR10,000 .

Employment Duration Requirements for All Customers

* Minimum employment period for government sector employees: 31 days.
* Minimum employment period for private sector employees: 95 days.

Required Documents

* National ID (or Iqama for expatriates).
* Social Insurance Certificate (contribution periods and wages).
* Salary certificate (if available).

Target Audience

* Both Saudis and expatriates.