QIB tailor-makes campaigns to suit the financial needs of its customers.
DOHA: Qatar Islamic Bank (QIB) has announced a new finance campaign to meet customers’ growing needs upon the arrival of the holy month of Ramadan and the summer period. Customers applying for personal finance will enjoy a cash bonus of 1 percent of the total financing amount.
QIB tailor-makes campaigns to suit the financial needs of its customers. The new campaign is part of the bank’s commitment to reward loyal customers and offers up to QR25,000 of cash bonus. Along with the cash bonus, the campaign offers competitive profit rates, a quick and convenient approval process from the first visit at any of QIB’s 30 branches as well as a 3 month grace period for the first installment payment. Customers will also receive a QIB credit card with the flexibility to pay only a minimum of 5 percent of the total outstanding at the end of each month.
The campaign, which ends on the May 15, requires a minimum finance request of QR50,000 which can be a brand new financing, a top-up of an existing financing with QIB or a transfer of liabilities from another bank to QIB. The cash bonus will be credited directly to the customer’s QIB credit card. The 1 percent cash bonus allows customers to move their liabilities from other banks to QIB without worrying about any related expenses.
“We know that during this time of the year, customers will need access to cash to meet their financial needs. We are pleased to introduce this exclusive offer to our customers by rewarding them with a 1 percent cash bonus. Indeed, with QIB Personal Finance Promotion all applicants are winners,” said D. Anand, QIB’s Personal Banking Group General Manager.
“Our finance campaigns have always been tailored made to meet our customers’ specific needs at the right time.We understand that Ramadan and summer brings many financial commitments, including Eid, the holiday season and back-to-school expenses”.
Furthermore, whether customers want to refurbish their home, get married, plan their vacation or planning to buy a new car, QIB’s new finance campaign offers a convenient and Shari’a-compliant solution that allows our customers to enjoy a worry-free summer crowned with our cash bonus to support them.” Anand added.
