Doha Bank offers The Best Car Loan Solutions this Ramadan

Doha Bank, the leading private commercial bank in Qatar, is offering customers seeking car loans, enhanced benefits including the most competitive loan rates with leading car dealers, and up to 3 months grace periods for loan repayment, in addition to a number of other benefits. The offer is applicable to all customers receiving loan approval during the Holy Month of Ramadan.

Commenting on the announcement of the campaign, Dr. R. Seetharaman, Group CEO, Doha Bank, said: “Doha Bank’s Car Loans are tailored to meet the needs of our customers. For eligible customers, the overall package is unbeatable as they are able to secure vehicle finance at the most competitive rates. In addition, for a limited period, the Bank is also providing car loan applicants the option of also securing a personal loan against their overall financial position, which is useful for those seeking to consolidate or refinance their financial position.”

The Bank is offering car loan applicants this Ramadan the additional benefit of free Titanium HP window film, 50 per cent discounts on extra Titanium protection products, and free roadside assistance for one year.

Doha Bank has one of the most well recognized car loan portfolios in Qatar and the Bank’s success over the years has been in the unique ability to not just tailor financial packages but to also leverage strategic partnerships for the benefit of customers. For example, through the Bank’s independently regulated affiliate Doha Bank Assurance Company, customers can also secure vehicle insurance at the most competitive rates, making the overall process of purchasing a vehicle as easy as possible.

Doha Bank’s Head of Retail Banking Mr. Suresh Bajpai added: “This Ramadan, Doha Bank will fast-track all car loan applications in order to help customers secure their vehicles as fast as possible. With the combination of a holistic financial solution and the availability of auto insurance through Doha Bank Assurance Company, as well as essentials such as complimentary window tinting through our partners, Doha Bank is geared to deliver the best car purchase experience to our customers this Ramadan.”

Customers can visit any Doha Bank branch or Car Loan Unit and complete applications with the help of the Bank’s staff who will advise each customer of their loan eligibility and recommended repayment periods to maximize the effectiveness of their financial packages. They can also SMS the word “CAR” to 92610 for a customer service officer to call them back for an appointment.

Existing Doha bank customers with salaried accounts need only present the vehicle purchase quotation from the dealer and copies of their Qatari ID to fast-track the application process. New customers must produce a salary transfer letter from their employers to open a salaried account and simultaneously complete the loan application process.

In the case of customers having outstanding liabilities such as credit cards or loans with other Banks, Doha Bank’s branch staff will be able to advise each customer on their specific options including the choice of consolidating all outstanding liabilities with Doha Bank, and the customer’s resulting eligibility for a vehicle loan. New car loan customers can also secure a pre-approved credit card.

All products and services are subject to the terms and conditions of the Bank.