How is the Traffic Violation reflected on a Financed Car

Post new topic

Member since 26 November 2015

santarkMember02 March 2017 11:14:21

Dear All,

I am having Car Loan with ANB. Can any one tell about, how if any traffic violation has happened, it will be fined. Since the Owner of the Car is Bank, How the user of the car will get that notification, if at all any violations are there..

Many thanks in advance..

HRGuru ViP

Member since 12 January 2013

HRGuruViP02 March 2017 11:25:05

2233

The owner of the car may be the bank, but the bank has leased it to you under your iqama and gives you driving permission renewed every few months. So if there are any fines that you incur, you will pay for those and will be notified as well. If not paid, they wont renew the driving permission.

mannyd Serial expat

Member since 23 April 2014

mannydSerial expat02 March 2017 15:24:29

309

If you have the copy of the car registration card, you will find that the car is registered under your name. However On top of your name there is the name of the The car owner which is the bank or any financial institution.

The car registration with the car name, plate number are linked to your Iqama.
You use your car, you violate traffic laws, you will get your ticket violations under your iqama. Simple.

Articles to help you in your expat project in Saudi Arabia

Opening a bank account in Saudi Arabia
One of the first and most important tasks for expats in Saudi Arabia is to get their bank accounts open and ...
Banking in KSA
My personal experience recommends that the foreign banks are far better and easier to deal with in terms of ...
Everything you need to know as an expat woman in Saudi Arabia
Saudi Arabia can be a challenging destination for women. As a strict Islamic country, Saudi Arabia imposes a lot ...
Dating in Saudi Arabia
If there was one adjective that could describe dating in Saudi Arabia, it would be the word 'discreet'. ...
Getting married in Saudi Arabia
Saudi Arabia is a country that holds marriage and family as one of its core values. It is a privilege to get ...
Driving in Saudi Arabia
Driving in Saudi Arabia is the easiest and most convenient way to get around. That being said, expats in Saudi ...
Moving to Saudi Arabia with your pet
Saudi Arabia is governed by the Shari'a, which is the Islamic Law. According to Wahhabism, animals, and dogs, ...
Accommodation in Dammam
Dammam is the capital city of the Eastern Province, which is made up of smaller cities that, together, form the ...