In a first for Qatar, Doha Bank has launched an innovative loan product, “Cash loan against your owned gold.” Under this, “everyone in the country can get an instant cash loan by pledging their owned gold charms, bracelets and jewellery.”Doha Bank said, “With the assured security of your owned gold that Doha Bank is giving, you can get instant liquidity without having to sell your belongings. This is certainly a smart way to tuck your gold safely in the bank, and an awesome opportunity to make the best out of it.”Doha Bank said customers can get their gold to DB, appraise it, and obtain loan up to 60% of the yellow metal’s value. “What makes this loan even more attractive is the fact that the price of gold is based on the best market values and at the most encouraging rates. Excitingly, the loan can be paid off in flexible equated monthly instalments for up to 36 months period,” Doha Bank said. Doha Bank Group CEO Dr R Seetharaman said, “We won’t stop exploring innovative methods to deliver the highest value to our customers, especially with regards their financial needs and security. Our loans granted against gold are deliberately designed to give customers better ways of maintaining their purchasing power without forsaking their cherished gold or valuable belongings.“So don’t wait, visit Doha Bank today and get an oversize loan against your gold, given the current gold prices are at an all-time high this year.”Doha Bank head (Retail Banking) Suresh Bajpai said, “We are offering our customers the loan against their owned gold, with hassle free simplified paperwork, quick processing, easy repayment options and attractive interest rates. Besides, they don’t need to transfer their salary in case they are employed.”More information can be had from Hello Doha on 44456000 or
www.dohabank.com.qa