Unlock Instant Cash with a Loan Against Your Deposit!
Limited time offer!
Are you looking for a way to access funds quickly without having to break your deposit? Look no further! At Doha Bank, we offer you the perfect solution – a Loan Against Your Deposit.
Worry no more as you can apply for a loan against your Fixed deposit with our special interest rate. Get instant access to your funds while keeping your deposits intact and earning interest.
The Special Rate
Customers availing a personal loan against their fixed deposit will benefit from an exclusive rate as low as 0.75% additional to your deposit rate.
Offer valid from 2nd August till 31st December 2024.
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.
