Customers can look forward to receiving free comprehensive car insurance, roadside assistance and up to QAR 5,000 cashback
Inviting customers to take advantage of a host of value-added benefits when buying a car, Doha Bank, one of the largest private commercial banks in Qatar, has announced the launch of a special car loan offer with attractive interest rates and long tenures. Free comprehensive car insurance and cashback are up for grabs as part of the promotion.
Launched as part of Doha Bank’s 40th-anniversary celebrations, the Car Loan Campaign offers loans with interest rate starting at as low as 2.49 percent flat p.a. – (4.65 percent reducing rate p.a.).
Featuring an unbeatable value proposition, the Bank’s latest campaign will offer customers with free comprehensive car insurance for the first year and up to QAR 5,000 cashback with MetLife Future Protect policy. In addition, they can look forward to benefitting from complimentary roadside assistance with SEIB insurance.
Commenting on the auto loan offer, Chief Retail Banking Officer Mr. Braik Al Marri , said: “As a customer centric bank, Doha Bank has been constantly striving to help its customers achieve their goals and make their dreams a reality. With our new Car Loan Campaign, we are seeking to empower them to own their car of choice at ease together with incredibly low financing cost and a range of attractive benefits.”
Free comprehensive car insurance will be available for all new vehicles and pre-owned cars up to three years old with a minimum loan amount of QAR 75,000, which will account for 80 percent or more of the car value, and a minimum loan tenure of four years. Customers who sign up for MetLife Future’s Protect premium policy after availing a minimum loan amount of QAR 50,000 will receive the cashback within 60 days after the policy has been issued. They will have the opportunity to receive QAR 5,000 cashback with a premium of USD 225 or more and QAR 2,500 cashback with a premium of USD 165 or more for MetLife Future Protect policy.
For more information on the eligibility criteria for Doha Bank’s Car Loan and terms and conditions, please visit www.dohabank.com