AL RIYADA Loans
Luxury has never been this rewarding!
Take advantage of our special offers exclusive to cars from Bentley
- 2.49% flat rate (equivalent to 4.64% reducing rate).
- Guaranteed 1 million Avios.
- Up to 3 months grace period.
- Up to 100% financing for Qataris and up to 80% financing for Expatriates.
- Up to 6 years repayment for Qataris and 4 years for Expatriates.
| Eligibility | Qataris | Expatriates |
|---|---|---|
| Maximum Loan Amount (including interest) | QR 2,000,000 | QR 400,000 |
| Maximum Repayment Period | 72 months | 48 months |
Sample Computation
| Nationality | Car Value (QR) | Down Payment | Loan Amount (QR) | Tenor (Months) | Approximate Monthly Installment |
|---|---|---|---|---|---|
| Qataris | 1,000,000 | 0% | 1,000,000 | 72 | 15,964 |
| Expatriates | 1,000,000 | 64% | 360,000 | 48 | 8,274 |
*Above calculations are indicative and subject to change as per the Bank’s policy.
Document Requirements
- Original QID.
- Valid passport (for Expats only).
- Salary Certificate.
- Vehicle quotation from Bentley Qatar.
Terms and Conditions
- Customers must be eligible for a Car Loan as per the Bank’s policies.
- Avios rewards will be processed within 60 days from loan granting date.
- In case the customer wants to transfer the loan or salary to another bank before completing the full loan tenor, customer should pay back the difference between the interest paid at special rate and the calculated interest with 6.6% from loan granting date to settlement date. Customer must sign an undertaking letter.
- Promo valid from 06/04/2025 till 05/06/2025.
Interest Calculation (APR):
- Commencing from the Loan Date, interest shall accrue on the Loan on a daily basis at the relevant Interest Rate and will be capitalized to the Loan Amount at the end of each month.
- Interest will be calculated as per following formulae. The Daily Balance of the Loan X Total Annual Rate X (1/360)
- Every payment made after the due date will result in additional interest accrual on loan
- Where a Grace Period applies or where the Customer is granted a postponement in respect of an installment, interest on the relevant Loan shall continue to accrue and will be capitalized to the Loan Amount at the end of each relevant month.
Note:
Doha Bank’s retail, commercial and corporate products are granted at our sole discretion and are subject to the Bank’s terms, conditions and acceptance.