Personal Loan Postponement
Postponement for December loan installment is FREE OF CHARGE via Online and Mobile Banking App!
In celebration of Qatar National Day, Doha Bank offers its customers to postpone their December Personal Loan installment Free of Charge when applied through Online and Mobile Banking.
Terms and Conditions
- Customers with active Personal Loan and who are eligible for postponement for month of December can avail the free postponement offer.
- FREE OF CHARGE is applicable only for postponement applied through Online or Mobile Banking app.
- Postponement requests made through Branches will be charged QR 50 as per normal policy.
- Customer must apply for postponement via Online Banking or Mobile Banking before salary is credited to their account or before the maturity date of their loan installment within the promotion period (Dec. 10 to Dec. 30, 2019) to avail the postponement Free of Charge.
Apply Now – Doha Bank Customer
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.
Personal Loan Agreement
