Car Loan
Drive your dream car and enjoy an exclusive interest rate of 2.75%!
Take advantage of the special offers 2.75% flat (5.11% reducing rate)
Eligibility Criteria
- Salary transfer to Doha Bank.
- Minimum salary of QR 7500.
Document Requirements
- Original QID.
- Original valid passport (Expats).
- Salary Certificate.
- Vehicle quotation.
Terms and Conditions
- Customer must be eligible for a Car Loan as per Bank’s policies.
- Customer must be working for an approved company.
- Minimum tenure to avail the offer is 48 months.
*Terms and Conditions apply.
Interest Calculation (APR):
- Commencing from the Loan Date, interest shall accrue on the Loan on a daily basis at the relevant Interest Rate and will be capitalized to the Loan Amount at the end of each month.
- Interest will be calculated as per following formulae. The Daily Balance of the Loan X Total Annual Rate X (1/360).
- Every payment made after the due date will result in additional interest accrual on loan.
- Where a Grace Period applies or where the Customer is granted a postponement in respect of an installment, interest on the relevant Loan shall continue to accrue and will be capitalized to the Loan Amount at the end of each relevant month.