|Minimum Salary||Salary Transfer||Islamic Finance||Maximum Term||Flat Rate||Reducing Rate|
|Doha Bank - Consumer Loan||Minimum Salary: KWD 0||Salary Transfer: No||Islamic Finance: No||Maximum Term: 5 Years||Flat Rate: -||Reducing Rate: -|
A home of your own? A new car? A wedding in the family? Higher education abroad? whatever you want from life, we are here to help you achieve it, with easy loan schemes tailored to your needs. Easy to apply for. Easy to repay.
- Competitive interest rate.
- Borrow up to KD 15,000.
- Payback in installments over 60 months.
- Quick approval and activation.
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.