Commercialbank launches vehicle loan campaign

Commercialbank, Qatar’s first private bank and Official Bank Sponsor of the Qatar Motor Show 2016, has launched a vehicle loan campaign to coincide with the event.
Running for six weeks, the campaign is available to both existing Commercialbank customers and non-customers during the campaign period.
All can benefit from a special vehicle loan rate of 1.99% flat (reduced from 3.69%) with an optional grace period of up to 3 months, so customers need not start repaying right away if they choose not to.
Further special vehicle loan benefits include a reduction on vehicle insurance rates down to 2.65%, a chance to get a QR500 free petrol voucher, and the option of paying the associated costs of owning a car by credit card at 0% for the first two years subject to eligibility.
As an added bonus, customers who secure a vehicle loan during the campaign period are also eligible to enter a prize draw to win a brand-new, prestigious Mini Cooper. Terms and conditions apply, and eligible customers can enter the prize draw if they meet set criteria, with no penalties, hidden charges or clauses attached.
Commercial Bank EGM, chief consumer & private banking, Dean Proctor said: “Commercial Bank leads the vehicle financing business in Qatar both in terms of quality of service and very competitive offers throughout the year. The bank aims to build on this strong position and increase our vehicle loan market share through an innovative six-week campaign in conjunction with our sponsorship of the Qatar Motor Show. Customers can look forward to enhanced vehicle loan rates, free gifts and a prize draw ensuring that Commercialbank continues to be the best and go-to bank in Qatar for vehicle financing needs during this busy time of year.”
“Commercial Bank continues to provide the best-in-market vehicle solutions through strong alliances with dealerships for both new and used cars. Our dedicated Vehicle Finance team is located in our offices next to the Nissan showroom in Salata, on Airport Road and D Ring Road, and for added customer convenience, representatives are available at car showrooms or can visit you at work or home to provide more information on Commercial Bank’s attractive vehicle finance offers.”