Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
Ahli Bank - Auto Loan for Expatriates Ahli Bank - Auto Loan for Expatriates Minimum Salary: QAR 6,000 Salary Transfer: Yes Early Settlement Fees: - Maximum Term: 4 Years Flat Rate: 2.7% Reducing Rate: 5.0%
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Introductory offer :

For financing a new or used (less than 3 years old) vehicle purchase

Features & Benefits:
  • Fixed monthly repayments
  • • Competitive rates available on auto insurance with free roadside assistance
  • Above 21 years of age at the time of application and not older than 60 years at the time the facility matures
  • Earn a minimum monthly salary of QAR 6,000 assigned to your Ahlibank account
  • Maximum monthly payments not to exceed 50% of total monthly salary
  • Minimum 20% down payment of the vehicle value!
Additional Info:
  • Financing used vehicle (less than 3 years old)
Representative example:

If you borrow QAR 10,000 over 3 years at a Representative APR of 4.6% fixed and an annual interest rate of 4.6% you would pay:

Payment per month – QAR 297.50 | Total charge for credit – QAR 710 | Total amount you repay – QAR 10,710

Please note, the actual rate applied to your loan will depend on your circumstances.
** 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.
Representative Example Calculator
Commercial Bank of Qatar - Vehicle Loan
Minimum Salary
QAR 4,000
Flat Rate