Doha Bank has extended its 0% personal loan offer launched in 2012 for an additional three months.
The personal loan offer is aimed to give consumers the flexibility of consolidating their existing loans and transferring them to Doha Bank at reduced rates and smaller installments.
The key feature of Doha Bank’s current personal loans promotion, in addition to the consolidation of all other liabilities, is the ability to benefit from the inclusive three-month postponement of installments that are available to all customers utilising this offer during the campaign period, and 0% interest applicable for up to 12 months of the overall loan tenure.
The offer includes overall loan terms of up to six years for Qataris who can combine all of their outstanding liabilities or top up their loan amounts to get a new personal loan from Doha Bank at 0% interest rate and up to 12 months.
Expatriate customers have the same benefits with up to six months of their loan calculated at 0% interest inclusive of long overall loan tenures based on their borrowing appetite and eligibility.
Dr R Seetharaman, Doha Bank Group CEO, said: “This is the best time for Doha Bank’s new and existing customers to benefit from this extended offer for another three-month period. It gives people the ability to further expand their investment horizons and commit to assets and projects that will be beneficial to their families and lives. For those who have already leveraged their loan eligibility, this is also a good opportunity to take a breather and defer some payments while benefiting from an initial interest-free period that can prove invaluable to their overall financial health.”
Suresh Bajpai, head of retail banking, said: “The bank has worked at making this process easier than ever before and to eventually help customers pay the lowest interest at the most convenient installment rates for the longest period possible. The guaranteed speedy approval processes will certainly make the banking experience exciting and rewarding.”
“We invite customers from all other banks to benefit from this exclusive opportunity to transfer their loans to Doha Bank and enjoy the privileges of this great offering,” he added.
