| Minimum Salary | Salary Transfer | Early Settlement Fees | Maximum Term | Flat Rate | Reducing Rate | |
|---|---|---|---|---|---|---|
Doha Bank - Car Loan
|
Minimum Salary: QAR 5,000 | Salary Transfer: Yes | Early Settlement Fees: - | Maximum Term: 6 Years | Flat Rate: 1.99% | Reducing Rate: 3.58% |
We understand that owning a car is more than just buying a car, especially if you have a special one in mind, we have exactly what you’re looking for! Doha Bank has been helping customers just like you get on the road with auto loans for more than 11 years at incredible rates.
Both new and existing customers can get a car loan as early as their first salary has been credited to their account. But that’s not all! Your car loan now comes with the ultimate feature, Q3smart, for free! Q3smart is a smart system that allows you to activate the start the engine, cool your car remotely, lock and unlock your car along with other amazing features, all via an app on your smart phone!
So whether you have been with us for some time or if you have only just started working and banking in Qatar, we have an excellent car loan service that will get you behind the wheel at an unbeatably-low financing cost.
Find out more by contacting your local Doha Bank Branch for the ultimate car loan deal!
Features & Benefits:
Eligibility:
Both new and existing customers can get a car loan as early as their first salary has been credited to their account. But that’s not all! Your car loan now comes with the ultimate feature, Q3smart, for free! Q3smart is a smart system that allows you to activate the start the engine, cool your car remotely, lock and unlock your car along with other amazing features, all via an app on your smart phone!
So whether you have been with us for some time or if you have only just started working and banking in Qatar, we have an excellent car loan service that will get you behind the wheel at an unbeatably-low financing cost.
Find out more by contacting your local Doha Bank Branch for the ultimate car loan deal!
Features & Benefits:
- 1 HOUR Loan Approval*
- Annual flat interest rate starting at 1.99% onwards*
- Free Roadside assistance for the first year
- Ziebart discount voucher for QR 1,500 with your car loan
- Finance 100% of your car’s value*
- Car Loans available for Brand new & Pre-owned Cars
- Max. Loan: QR 750,000 for Qataris and QR 350,000 for Expats
- Qatar’s only dedicated car loan calculator custom built for you
- Tenure/term for a new car loan is up to 6 years and 4 years for Qataris and Expats, respectively
- Pre-owned car loan up to 48 months and 36 months for Qataris and Expats, respectively
- Free dining coupon booklet
- Pre-approved Instant Personal Loan
Eligibility:
- Minimum Salary credit in your bank account: QAR 5,000
** 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
