Bank Loans

Which bank offers best loans in terms of interest, amount & processing fees. How many salarys do they offer.

Comments

gelera

Avail the 7.49% with Standard Chartered Bank upto a maximum loanable amount of QR 400,000 for expatriates. Requirements are as follows: Latest Salary Certificate, 3 months banks statement, Photocopy of valid Passport & Res. Permit(RP). Processing is within 3-5 working days upon submittal of complete documents. For details, pls contact: MR. JOJO, #5141936.

fateha

im working with qatar airways cabin crew is it possible to apply

anandani

so if im working in qatar airways cabin crew is it possible to apply

roosof

how much is the required salary to have a 400000 loan at standard chartered

king-man

Dont take a Loan NOW. Wait 3 to 6 Months, then think about it again.

anonymous

How much will be the minimum salary requirement for an expat to apply for personal loan.

Doha Bank says they need QR7500, how about the others?

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http://qatarslife.blogspot.com/

askh72

Rakesh,

My advice to you, please dont believe what all these bankers are quoting. I was duped by standard chartered sales agents, quoting the rate as 7.49, and after few months they changed it to 9.49. They mislead people into taking loans from their banks and are cheating openly.

Abdullah_1

Mashreq bank personal loan,
-max eligibility 32 X salary @ 450,000qr
-most of bank put qr10k as the min salary to get personal loan

how about car loan?? what is max eligibility..

mmyke

Qatar are very high,,,,its because they exploit the fact you cannot, without great difficulty, leave Qatar without paying these debts off in full.

Is this abuse of power?

Abdullah_1

how much the maximum coverage for car (loan) ? 10 times basic salary? etc??

anonymous

Take a loan only if it is absolutely required and you cannot arrange the required money from any other source. I have seen quite a few expats who have got their hands burnt. I hope you know that you cannot leave the country without repaying the entire amount. Take a personal loan only if you have no plans to shift jobs and are planning to stay at Qatar for the entire duration of the installments.

Source:
- A study Conducted by FriedUnicorn - Vol I (September,1999)

adeelijaz49

Stay away from loans. If desperate, take it from your company or friends.

newhear

how much will be the salary of a person who want to have a loan in your bank

jpa

Best things in Life is

to be free from loan.

So many people are suffering because of their loan.

pounce

Ok, it hit Qatar late, but no more unsecured loans like in 2008 and early 2009.

Quite a few local delinquencies have made banks very cautious. Imagine the motivation to default for someone getting a loan of 36 months pay. A tcn making 10k a month will go to great lengths to poof and disappear with a 350k lumpsum.