Souq of Qatar

QIB Auto Finance for Expatriates

QAR 0.0

Brand: QIB
Product Line: QIB Car Loans

Provider : QIB Auto Finance for Expatriates
Provider Link : https://yallacompare.com/qat/en/car-loans/qib-car-finance-expatriates/
Provider Image : https://assets.compareit4me.com/uploads/sites/2/2014/06/QIB-e1401629584827.png
Minimun Salary : QAR 5,000
Monthly Payment : -
Flat Rate : 3.2%
Reducing Rate :
Down Payment : 6.0%
Requirements : <div class="col-sm-6 srpTable__viewMoreDetails_section"> <div class="srpTable__viewMoreDetails_section__description"> With QIB Auto Finance, choose your car and let us provide you with the right tool to own it. Our exclusive offer will ensure that you will get the best car price at the best rate along with the best car Takaful to protect your car. Now you can get the most unbeatable car finance from QIB. QIB Car Finance for Expatriates Features: <ul> <li>Financing all cars, whether new or used</li> <li>Ability to trade your old car for a new one</li> <li>Fully Shari'a-compliant finance packages</li> <li>Competitive profit rate</li> <li>No administration charge</li> <li>No guarantor required</li> <li>Quick approval from the first visit</li> <li>Fixed monthly installments with transparent service</li> <li>Comprehensive car Takaful (insurance</li> <li>Direct sales team to serve you around the clock</li> <li>Finance services for other products, such as window tinting, full insurance and warranty.</li> </ul> Eligibility: <ul> <li>Maximum Finance Amount (Including profit rate) - QR 400,000</li> <li>20% Down payment</li> <li>Minimum Salary - QR 5,000</li> <li>Maximum Monthly Installment per month - 50% of the total Salary</li> <li>Age between 21 - 60 years</li> <li>Employment Status Confirmed</li> </ul> Documents Required: -Salary certificate -Residency permit and passport for expats -Offer letter (Quotation) from the car showroom addressed to QIB Representative example: If you borrow QARÂ 10,000 over 3 years at a Representative APR of 4.6% fixed and an annual interest rate of 4.6% you would pay: Payment per month â QARÂ 297.50 | Total charge for credit â QARÂ 710 | Total amount you repay â QARÂ 10,710 Please note, the actual rate applied to your loan will depend on your circumstances. </div> </div>