Car finance Aaudi Arabia​ Solutions | Bank AlJazira

 

Asset Type

Vehicle

Vehicle Price

     123,005

Down payment

0%

Loan term in months

60 Months

Profit rate

1.75% ( profit rate differ based on customer segment)

Insurance rate

2.50%  (Insurance rate is based on customer record, vehicle type and in case of claims. 

Annual percentage rate (APR)

5.50%

Administrative fees

1% of loan amount or      5,000 whichever is lower.

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. - Last Updated:  01/07/2025

 

 
 

Example of monthly installment based on down payment

 

Down payment

0%

5%

10%

Loan terms in months

60

60

60

Loan type

Ijara

Ijara

Ijara

Profit rate

1.75%

1.75%

1.75%

Loan amount

      123,005

      116,855

      110,705

Monthly installment

      1,513.22

      1,401.74

      1,290.27

Annual percentage rate (APR)

5.50%

5.56%

5.62%

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. -  Last Updated: 01/07/2025

 

 
 

Pricing

 

Product

Profit rate type

Minimum profit rate

Annual percentage rate (APR)

Auto Lease

Ijara

0% 5Y

3.08%

5% 5Y

10.17%

 

 

 

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. -  Last Updated: 01/07/2025