DOHA: International Islamic (QIIB) has announced the launch of loan package to customers, including personal finance and car loans, to mark the Qatar National Day.
The new offer includes different benefits to the customers who would transfer their monthly salaries to QIIB. QIIB offer also includes other advantages, such as competitive profit rates for both Qataris and expatriates. EMI for a loan worth QR 100,000 is QR1,661 for Qataris for a period of over 72 months, while for non-Qataris it is QR 2,352 per month over a period of 48 months. The clients will get a financial reward of QR1,800 in their accounts as an incentive, Deputy Chairman of the bank, Gamal Abdullah Al Gamal, said yesterday.
The car loans will be available from today and continue until the National Day. The finance can cover as much as 100 percent of the car value for Qataris, and 80 percent for non-Qataris. Qatari clients can start to pay the first instalment on January 31, 2015, and non-Qataris can have a grace period of three months. The Peninsula
“We are keen that the spirit of the National Day celebrations is reaching out to both the nationals and the expatriates as well,” Al Gamal said.
