Apply for a new Personal Loan or Transfer your Existing Loan to Doha Bank to Get Guaranteed Cashback up to QR 25,000!
Limited time offer to give you the HIGHEST eligibility with a lower monthly INSTALLMENT to consolidate all your credit facilities and GIVE A BREAK from your financial commitments for up to 3 months.
Transfer your loan or salary to Doha Bank and get a special discounted rate starting at 6% p.a. reducing rate (3.23% flat rate), cash reward up to QR 25,000 and start paying monthly installment after 3 months!
You can check your eligibility now by clicking here and submit your application digitally to experience the easiest and fastest way of applying for loan or SMS “DBPL” to 92610 or call 4445 6000.
Sample Computation
Loan Amount (QR) | Loan Tenor (Months) | Monthly Installment |
---|---|---|
300,000 | 48 | 7,046 |
1,000,000 | 72 | 16,573 |
*Above calculations are indicative and subject to change as per the Bank’s policy.
Eligibility
- Minimum tenor of 48 months.
- Minimum loan amount is QR 150,000.
- Minimum salary is QR 15,000.
- Customer loan eligibility calculation as per existing lending policy.
- Exclusive for New to Bank1 and Buyout2 loan customers only.
- Grace period up to 3 months is applicable only for Qatari customers.
1. Customers recently transferred salary to Doha Bank in the last 6 months without a loan.
2. Customer transferring loan to Doha Bank from another bank.
Terms and Conditions
- Above mentioned rate is subject to change based on QCB lending rate.
- Cash reward will be given as per below grid.
Loan Amount (QR) Cashback Rewards (QR) 1.7Mn and above 25,000 1.25Mn -< 1.7Mn 15,000 500K -< 1.25Mn 7,500 350K -< 500K 2,500 150K -< 350K 1,000 - Cash reward will be credited to the eligible customer’s account upon confirmation of salary transferred to DB account.
- In case the customer wants to settle and/or transfer the loan to another bank before completing 48 months from the initial loan granting date;
- Customer should pay back the bonus reward received at the time of settlement.
- and pay back the difference between the interest paid at special rate and the calculated interest with QCB + 1.5% from loan granting date to settlement date.
- Offer is valid from 02/01/2023 to 02/06/2023.
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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.