Qatar Islamic Bank (QIB) has launched a new finance campaign to meet customers’ growing needs on occasion of the holy month of
Ramadan and the summer.
Customers applying for personal or auto finance will enjoy a bonus of 1% of the total financing amount.
QIB said it “tailor-makes” campaigns to suit the financial needs of its customers. The new campaign entitled “Signing is winning” is a continuation of the bank’s commitment to reward loyal customers and offers up to QR20,000 of cash bonus.
Along with the cash bonus, the campaign offers competitive profit rates, a quick and convenient approval process from the first visit and free QIB credit card with the flexibility to pay only a minimum of 5% of the total outstanding as well as a three-month grace period.
The campaign, which ends on July 10, requires a minimum finance request of QR100,000 and a minimum monthly salary of QR10,000.
The cash bonus will be credited directly to customers’ credit card. The 1% cash bonus also allows customers to move their liabilities from other banks to QIB without worrying
about the related expenses.
“With the holy month of Ramadan upon us, we are delighted to introduce this exclusive offer to our customers by rewarding them with a 1% cash bonus, with QIB Finance Promotion all applicants are winners,” said D. Anand, QIB’s Personal Banking Group general manager.
“Our finance campaigns have always been tailored made to meet our customers’ specific needs at the right time. We understand that summer brings many financial commitments, including Ramadan, Eid, the holiday season and back-to-school expenses”.
Whether customers want to refurbish their home, get married, plan their vacation or planning to buy a new car, QIB’s new finance campaign offers a convenient and Shariah-compliant solution that allows our customers to enjoy a worry-free summer crowned with our cash bonus to support them.” Anand added.
QIB continues to consolidate its position as a leading bank, offering tailor-made financial solution. Earlier this year, in an initiative to foster a culture of saving among customers the Bank launched a campaign providing customers with additional profit on their quarterly savings.