Personal Loan

The maximum loan amount you may be eligible for is subject to the Bank's final approval. Can I pay my Bills? Corporate Banking Branch Locator. Doha is also home to the Pearl-Qatar Island, the man-made lagoon that is home to some of the most renowned boutiques in the world. Kindly choose your nationality status. Consumer Finance Automobile, Household goods, residential property, building material, shares etc. Shari'a-compliant; Competitive profit rate; Three months grace period; No administration charge; No guarantor required; Quick approval from the first visit; Takaful insurance covers the finance; Ability to buy-out liabilities from other banks.

QATAR ISLAMIC BANK Personal Loan - For Expat

A fast track to your new lifestyle in Qatar

 · Is there any bank who can give personal loan. I don't want to transfered my salry from my existing bank. My salry is QR 3,/-. Can anyone tell the bank which How to get a driving license in Qatar. The Ritz-Carlton, Doha launches the worldwide brunch tour this summer season. Qatar National Library: How to become a /posts/looking-personal-loan.  · Commercial Bank’s Personal loan offer comes at an incredibly low rate. flexibility and instant Personal Loan Expatriates can now borrow large monetary amounts to fulfill their every desire with the personal loan option provided by Qatar Islamic Bank (QIB). The maximum financial loan option provided for expatriates by this /qatar-islamic-bank-personal-loan-for-expat.

Personal Loans

Our various loan options

Update my browser now. For illustrative purposes only. But this leaves some laid-off employees unable to access cash they need to pay for daily expenses. Several people in this position recently spoke to Doha News and said they were also placed under a travel ban soon after being terminated from their jobs.

As deadlines loom to leave their company-provided accommodations, some said they are afraid that they will soon be homeless, or jailed after their accounts are overdrawn, because a bounced check is considered a criminal offense in Qatar. To repay their loans quickly, many are working to borrow money from friends and family, and several are selling off their personal belongings so they afford basic necessities:. This can catch some residents off guard, especially laid-off expats who expected to be able to pay off their loan over the duration of their employment contract.

Reeber, 37, and fellow paramedic Kenneth Paton, 35, both said they were hired in late by HMC, which told them to quit their jobs and be ready to start work in Qatar in January To help bridge the gap until the men could receive their wages, HMC provided them with letters certifying their salaries and positions so that their banks could give them loans.

So far, of the QR, they each owe, they have managed to pay off around QR,, leaving them with a balance each of an estimated QR, He said that he felt safe taking out such a large loan because his three-year contract was extendable, and he believed his job was stable. Reeber, who has one child living in the US and a pregnant wife living with him in Qatar, said that he felt the same way:. This means that the amount of interest that you pay, as a proportion of your monthly Instalment, will decrease over the period of the Loan as the Loan balance reduces.

At the beginning of the Loan we work out the total interest amount you will pay over the whole period of your Loan using the Reducing Balance Method, and we then add this to your capital Loan amount in order to calculate your monthly Instalments so that we can make your Instalments equal during the period of the Loan. The total amount of the Loan capital and interest , calculated in accordance with the clause above, is calculated on the assumption that all payments of Instalments are made on time and that the Loan Agreement is not ended early i.

This calculator and calculation are for informational and general illustrative purposes only and may be based on assumptions, dates and projections that may not be correct or applicable. This is not an offer and it is not part of the application process. Actual payments may vary. Kindly use the below calculator to find out the maximum loan amount you are eligible for: Terms and Conditions apply. You can simply enter your details in the boxes or use the slider provided.

What is your monthly salary? Kindly choose your nationality status. Do you have a car loan? Min Monthly Salary QR. Up to 72 Months. Up to 48 Months. Special Offers and Campaigns. From time to time and in certain occasions, the bank presents unique offers that may include a variety of gift options and prizes, in addition to significant reductions on interest rates and fees.

New Loan or Top-up. Transferring Liabilities to QNB. Salary Certificate of latest monthly salary.