Souq of Qatar

QIB Home Finance for Expatriates

QAR 0.0

Brand: QIB
Product Line: QIB Home Loans

Provider : QIB Home Finance for Expatriates
Provider Link : https://yallacompare.com/qat/en/mortgages/qib-home-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 : 3.0%
Reducing Rate :
Down Payment : 5.5%
Requirements : <div class="col-sm-6 srpTable__viewMoreDetails_section"> <div class="srpTable__viewMoreDetails_section__description"> <strong>QIB Home Finance for Expatriates:</strong><br><br>-Takaful insurance for the finance -Long repayment period of up to 20 years -Attractive profit rates -Financing up to 70% of the property's value -Shari'a-compliant -No administration charge -No guarantor required -Fixed monthly installments with transparent service -Ability to pay other finances concurrently -24-hour sales team and customer service -Available for approved and non-approved companies -Maximum loan amount depends on the salary and social allowance<br><br><strong>Eligibility:</strong><br><br>-Down payment required - 30% Down Payment -Minimum Salary - QR 5,000 -Maximum Monthly Installment per month - 50% of the Basic Salary and social allowance -Age between 21 - 60 Years -Employment Status shoudld be confirmed<br><br><strong>Documents Required:</strong><br><br>-Salary certificate -Residency permit and passport for expats -Evaluation of the property through two companies accredited by QIB, and the subsequent reports -If there are payment resources available other than the applicant's salary, documents need to be provided -Proof of ownership -Copy of the map<br><br><strong>Representative example:</strong><br><br>If you borrow QAR 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 QAR 297.50 | Total charge for credit â QAR 710 | Total amount you repay â QAR 10,710<br><br>Please note, the actual rate applied to your loan will depend on your circumstances. </div> <div class="srpTable__viewMoreDetails_sectionHeading">Features</div> <ul class="srpTable__viewMoreDetails_sectionList"> </ul> </div>