Conditions for Al Bilad Bank Auto Finance in Saudi Arabia 2026

There are many conditions for car financing through Al Bilad Bank, and these conditions vary depending on whether the applicant is a citizen or a resident. There are also basic general conditions shared between them that apply to all applicants. Below we talk about the conditions for each separately:

Financing conditions for Saudi citizens

Al Bilad Bank auto finance requires a set of basic criteria for financing Saudi citizens wishing to obtain car financing. These conditions aim to ensure the ability to repay and the stability of income throughout the financing period, consisting of:

• The applicant must be a Saudi national.
• The applicant’s age must not be less than 18 years when submitting the financing request.
• The customer’s age must not exceed 60 years upon payment of the last installment of the financing.
• The minimum monthly salary for a citizen customer starts from 3,000 SAR.
• The customer must be job-stable, with a service period of no less than three months in the private sector and no less than six months in the government sector, and the employer must be accredited by Al Bilad Bank.

Financing conditions for residents within Saudi Arabia

There are a set of special conditions for residents provided by Al Bilad Bank, which differ relatively from the conditions for citizens, represented in the following points:

• A valid regular residency (Iqama) is required for those wishing to finance.
• The applicant’s age must not be less than 21 years.
• The applicant’s age must not exceed 60 years at the end of the financing period.
• Minimum monthly salary of 5,000 SAR.
• Length of service of six months for the government sector and 12 months if working in the private sector.
• The employer must be listed among the accredited entities with Al Bilad Bank.

Note: Some details vary according to the classification of the employer and the evaluation of the credit file.

General conditions for car financing for all applicants

In addition to the conditions discussed regarding citizens and residents, there are general requirements that apply to all applicants when applying for Al Bilad Bank auto finance:

• An active current account must be opened at Al Bilad Bank.
• Salary transfer to the bank to complete financing procedures, determined according to the program.
• The applicant must be an employee in a government entity or an accredited private entity.
• Submission of all required documents to complete the financing process.
• The financing must be for a modern or used car from an authorized dealer or showroom, such as Carly Showroom.
• A repayment period of up to 60 months according to Al Bilad Bank’s policy.
• The minimum net income for citizens is 3,000 SAR, and for residents is 3,500 SAR, depending on the employer’s classification.

Documents Required to Obtain Auto Finance from Al Bilad Bank

There is a set of documents required to obtain Al Bilad Bank auto finance in the Kingdom of Saudi Arabia for the year 2026. They play a pivotal role in evaluating the financing request, and the bank relies on them to verify identity, income, and job stability. The documents consist of the following:

• Provide a valid copy of the National ID for Saudis and a valid copy of the Residency (Iqama) for residents.
• Submission of the financing application form after filling it out and signing it by the applicant.
• Providing an official introduction letter from the employer that includes the basic salary, allowances, job title, and employment start date.
• Providing a letter stating the salary transfer to Al Bilad Bank.
• Providing the approved price offer from the dealer or showroom.
• If the applicant works in the military sectors, a copy of the military ID/work card must be submitted.