Qatar
QNB unveils personal loan plan for citizens
QNB unveils personal loan plan for citizens
QNB has launched an exclusive personal loan offer for Qatari nationals that offer the lowest interest rates in the country starting from 3% reducing balance interest rate plus 1.25% insurance rate for a total of 4.25% (equivalent to 2.23% flat rate, including insurance). |
The offer, which ends on December 31, 2014, is available for all nationals who already have salaried accounts with the bank, as well as those who are willing to move to QNB and settle their liabilities at other banks.
Additionally, all Qatari and expat customers will be able to enjoy further reduced interest rates on their vehicle loans and vehicle leasing applications with reducing balance interest rate starting from 3.45% to 3.80% (equivalent to 1.8% to 1.99% flat interest rate). This offer is available until January 15, 2015.
Other benefits like the “Motary” vehicle lease programme offer customers the option to rent a vehicle from one to four years with the option to buy or return the vehicle at the end of agreement.
The offer includes comprehensive insurance and service for the entire lease period plus a bundle of other benefits - monthly payments as low as 50% compared to a loan, no down payment, free petrol allowance worth QR1,000, 15% discount on comprehensive insurance from Al Khaleej Takaful Group, free registration renewal service, free vehicle pick-up and drop-off during scheduled service and maintenance for the full lease contract.
Vehicle leasing also offers convenient options at end of lease. Customers can return the car, keep the car, or upgrade to new models.
Being the leading financial institution in Qatar, QNB takes pride in its national heritage hence, the offer. QNB’s official sponsorship of the National Day events is the group’s way of showing its appreciation to the country and to the Qatari people.