Alyusr Leasing & Financing 1.17.0

Al Yusr Mobile App offers a streamlined approach to obtaining financing, ensuring accessibility anytime and anywhere. This smartphone application enhances the user experience by facilitating swift and straightforward financial solutions.

Main Features:

• A diverse range of financial products.
• A comprehensive digital platform: users can apply, track, and digitally sign contracts while receiving funds almost instantaneously.
• Immediate approval process: eligible applicants can secure financing in just minutes.
• Simplified requirements: the application process is designed to be user-friendly, allowing for adjustments to personal information as necessary.
• Competitive interest rates across various products.

Al Yusr operates under the official licensing of the Saudi Central Bank (SAMA), adhering to finance regulations in the Kingdom of Saudi Arabia while remaining under its supervision.

Repayment Details:

• Repayment terms range from 6 to 60 months.
• Annual Percentage Rates (APR) vary by product:
  • Auto leasing: 16.39%
  • Consumer goods financing: 65.70%
  • Pensioner loans: 14.68%
  • Personal financing: 46.12%

Representative Examples of Total Loan Costs:

Auto Leasing:

• Financing amount: SAR 150,000
• Term length: 60 months
• APR: 13.15%
• Monthly installment: SAR 2,905
• Down payment: SAR 16,667
• Residual value: SAR 38,250
• Total repayment amount: SAR 174,300

Consumer Goods Financing:

• Financing amount: SAR 10,000
• Term length: 24 months
• APR: 63.09%
• Monthly installment: SAR 667
• Total repayment amount: SAR 16,008

Pensioners:

• Financing amount: SAR 50,000
• Term length: 60 months
• APR: 15.08%
• Monthly installment: SAR 1,167
• Total repayment amount: SAR 70,020

Personal Financing:

• Financing amount: SAR 65,000
• Term length: 60 months
• APR: 25.89%
• Monthly installment: SAR 1,842
• Total repayment amount: SAR 110,520