Apply Personal Loan Online
Get up to 10,000 DOHA MILES when you apply for a Personal Loan through Online Banking or Mobile Banking App
Doha Bank is always making ways to make your banking experience more fun and exciting. To show appreciation to our valued customers, you can now enjoy up to 10,000 FREE DOHA MILES reward when you apply for a Personal Loan using Online or Mobile Banking app.
So, top up or apply for a fresh loan – hassle-free by clicking on the links below. Check your eligibility now and submit application digitally to experience the easiest and fastest way of applying for loan.
| Net Loan Amount | DOHA MILES |
|---|---|
| QR 500,000 and above | 10,000 |
| QR 200,000 – 499,999 | 5,000 |
| QR 100,000 – 199,999 | 3,000 |
| QR 50,000 – 99,999 | 2,000 |
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Terms and Conditions
- Reward is only for loans with net loan amount of QR 50,000 and above.
- Net loan amount to be calculated based on all partial settlements made within 30 days prior to disbursement of loan.
- In case the customer wants to settle the loan in full and transfer the loan before completing 48 months tenor, customer should pay back the claw back value of DOHA MILES.
- Applicable only for Personal Loans applied through online or mobile banking.
- Customer must have DOHA MILES account. To register, please click here.
- Promotion is valid from 11/11/2024 till 11/12/2024.
Key Features
- Competitive interest rate.
- Maximum repayment period of 72 months (for Qataris) and 48 months (for Expatriates).
- Up to QR 2Mn loan amount for Qataris and QR 400K for Expatriates (including interest).
Sample Calculation
| Nationality | Loan Amount (QR) | Tenor (Months) | Monthly Installment (QR) |
|---|---|---|---|
| Qataris | 1,000,000 | 72 | 17,014 |
| Expatriates | 300,000 | 48 | 7,169 |
*Above calculations are indicative and subject to change as per the Bank’s policy.
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.
