The Qatar Islamic Bank (QIB) has announced the names of the latest winners of its ‘Personal Finance’ campaign. Ali Mesallam JA al-Marri, Mubarak Mohamed al-Marri, and Osama Sayed Mohamed took home their respective prizes, which were equivalent to their monthly salaries.
The campaign gave applicants of QIB’s Personal Finance scheme the chance to win a prize equivalent to their monthly salaries.
The two-month campaign was directed at both existing QIB customers, who applied for personal finance, and non-QIB customers, who opened new accounts, transferred their salaries, and applied for personal finance.
All customers were able to enter the draw during the campaign. In addition, those who applied for financing packages were eligible for complimentary QIB-Qatar Airways co-branded credit cards.
QIB Personal Banking general manager D Anand said the bank’s goal was to enable its customers fulfill their financial needs.
“We are committed to offering the best financing deals in the market to satisfy our customers’ requirements. We realised that July and August are the months where customers need financial support the most, mainly due to holiday, which is then followed by back-to-school expenses. Therefore, we wanted to show our full support and give back to our customers an additional month’s salary that would enable them to achieve their goals,” Anand said.
“On behalf of QIB, I would like to extend my congratulations to these three lucky winners and to all the customers who applied for finance during that period. In fact, every customer is a winner with QIB, as all customers who applied for a personal finance during this period received a competitive profit rate on their finance and were eligible for a complimentary QIB-Qatar Airways co-branded credit card.”
QIB Personal Finance is offered at a competitive profit rate, no administration charges, with three months grace period, the finance can be arranged quickly and easily from the very first visit, with no guarantor requirement.
Monthly installments are fixed, backed with a Takaful insurance that covers the financing amount.
In addition, QIB can buy out liabilities from other banks on behalf of the customer through Personal Finance, in order to organise one’s financial needs and simplify payment obligations in one fixed installment over an agreed period of time.
The minimum finance amount is QR15,000 and the maximum is up to QR2mn for Qatari nationals aged between 18 and 65, and up to QR400,000 for expatriates aged between 21 and 60 and with a minimum monthly salary of QR5,000 from an organisation that is accredited to QIB.
