National Commercial Bank – Lease Finance 2023

National Commercial Bank - Lease Finance

Features:

Islamic Finance, Sharia Compliant, No Down Payment

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Minimum Salary

SAR 2,500

Salary Transfer

YES

Early Settlement Fees

-

Maximum Term

5 Years

Flat Rate

7.1%

Reducing Rate

1.15%

Monthly Payment

SAR 1,588

Down Payment

0%

Key Features of NCB Lease Finance

1. Flexible Lease Terms

NCB offers flexible lease terms that cater to your unique requirements. Whether you prefer short-term or long-term leases, we have options available to suit your needs. Our aim is to provide you with the flexibility to choose the lease duration that best fits your lifestyle and financial goals.

2. Competitive Rates

At NCB, we understand that affordability is a crucial factor in choosing a lease finance option. That’s why we offer competitive rates to ensure that your monthly payments are reasonable and within your budget. Our team is committed to providing you with attractive financing terms to enhance your leasing experience.

3. Wide Range of Vehicles

With NCB’s Lease Finance, you have access to an extensive selection of vehicles. Whether you’re looking for a compact car, luxury sedan, or spacious SUV, we have a diverse range of makes and models for you to choose from. Select the vehicle that aligns with your preferences and enjoy the thrill of driving a new car.

4. Simple Application Process

Applying for NCB Lease Finance is a straightforward process. Our user-friendly online application allows you to complete the necessary steps from the comfort of your home. Alternatively, you can visit one of our branches, where our knowledgeable staff will guide you through the application process and answer any questions you may have.

5. Dedicated Customer Service

At NCB, we prioritize your satisfaction and strive to provide excellent customer service throughout your lease term. Our dedicated team is available to address your concerns, provide assistance, and ensure a smooth and enjoyable leasing experience. We are committed to building long-term relationships with our customers and exceeding your expectations.

Required Documents for Lease Finance

To apply for NCBI’s Lease Finance, you will need to provide the following documents:

  1. Valid Identification: A valid identification document, such as a national ID card or passport, is required for identity verification.
  2. Proof of Residence: Provide proof of residence document, such as a utility bill or rental agreement, to verify your current address.
  3. Proof of Income: Submit proof of income, such as salary slips or bank statements, to demonstrate your ability to meet the lease payments.
  4. Employment Verification: Provide employment verification documents, such as an employment letter or contract, to validate your employment status.
  5. Bank Statements: Submit recent bank statements to support your financial stability.

National Commercial Bank

Information About Bank

CEO: Septimus Bob Blake (Aug 1, 2019–) Founded: 1925 Headquarters: Kingston, Jamaica