Doha: Doha Bank has announced the launch of a special car loan offer with attractive interest rates and long tenures. Free comprehensive car insurance and cashback are up for grabs as part of the promotion.
Launched as part of Doha Bank’s 40th-anniversary celebrations, the Car Loan Campaign offers loans with interest rate starting at as low as 2.49 percent flat Per annum (4.65 percent reducing rate p.a.).
Featuring an unbeatable value proposition, the Bank’s latest campaign will offer customers with free comprehensive car insurance for the first year and up to QR5,000 cashback with MetLife Future Protect policy. In addition, they can look forward to benefitting from complimentary roadside assistance with SEIB insurance.
Commenting on the auto loan offer, Acting Chief Retail Banking Officer Braik Al Marri , said: “As a customer centric bank, Doha Bank has been constantly striving to help its customers achieve their goals and make their dreams a reality.’’
Free comprehensive car insurance will be available for all new vehicles and pre-owned cars up to three years old with a minimum loan amount of QR75,000, which will account for 80 percent or more of the car value, and a minimum loan tenure of four years.
Customers who sign up for MetLife Future’s Protect premium policy after availing a minimum loan amount of QR50,000 will receive the cashback within 60 days after the policy has been issued.
They will have the opportunity to receive QR5,000 cashback with a premium of $225 or more and QR2,500 cashback with a premium of $165 or more for MetLife Future Protect policy.
