Best Personal Loan In Qatar 2018 (Review & Comparison)

Best Personal Loan In Qatar 2018 (Review & Comparison)
5 (100%) 1 vote

Which is the best Personal Loan in Qatar Doha?

If you Qatar expat and looking for the personal loan then you may have this Query

As we know that the banks in Qatar provide personal loan for National and Non-Nationals (Expat) if their guidelines meet.

Also, most of the best banks in Qatar has been prepared guideline to get a personal loan for both expat and Qatari based on basic salary, types of loans, salary transfer.

Mainly two type types of banking area available in Qatar and are Islamic banking system and Non-Islamic banking System. Also, Islamic banking in Qatar is the most popular banking method.

Minimum salary required to get the best personal loan in Qatar (Doha) varies from 4000 AED and More. Personal Loan Interests are different for different loan and all are varying depends on the employee’s basic Salary. If they have more salary then will get more cash with the best interest rate. Below listed ,area major banks in Qatar and Personal Loan providing company in Qatar with their minimum basic salary to get personal loan , interest rate for personal loan in Doha and conditions regarding salary transfer required to get personal loan in Qatar or not You can also calculate your best personal loan in Qatar using personal loan mortgage calculator Qatar

Best Personal Loan In Qatar 2018 (Review & Comparison)

You may have queries like personal loan calculator, personal loan Qatar without salary transfer.

Also, the quora like personal loan Qatar Islamic bank, best personal loan in Qatar living, personal loan Qatar bank, personal loan interest rates in Qatar, a personal loan agreement, a personal loan contract, a personal loan with no credit are common if you are really looking for personal loan and we are happy to assist you

Note: We are not providing any loan and not accepting any application. We are just suggesting available best personal loan in Qatar so that you can compare and choose best.

Update: As you know that personal loan policy will change frequently depends on the business requirement of banks in Qatar. So the details may not be accurate. If any value is not actual then please inform us. hence we will update and could provide accurate vale (Last Update August 2018)

CBQ Personal loan (Commercial Bank of Qatar)

As one of the Best Bank in Qatar built for Commercial requirement CQB personal loan will be the best option if your salary is 5000 QAR and more?

Commercial bank Qatar loan is the personal loan in Qatar without salary transfer. Also commercial bank Qatar personal loan minimum salary requirement is 5000 QAR for Qatari and 600 for expat. So if you are looking for a loan for 6000 QAR salary without salary transfer then choose the Commercial bank of Qatar.

Commercial bank Qatar provides a Personal loan if your basic salary is 6000 or more. Most of the bank in Qatar requires a minimum salary of 5000-8000 QAR to get personal Loan. To get a personal loan in CBQ Doha, it is required to meet basic salary of 6000 QAR  Their personal loan fast approval process and best interest rates will give instant access to cash. Details to get an another best personal loan in Qatar with a fast approval process are mentioned below.

CBQ Personal loan Interest Rates

Minimum Salary QAR 5000 (Qatari)
Salary Transfer No
Maximum Term 4 Year
Introductory Offer Fast Approval process
Features:  Islamic Finance NA
Flat Rate 2.67%
Reducing Rate 4.81%

CBQ Personal loan Features

For example

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 – QAR 297.50 | Total charge for credit – QAR 710 | Total amount you repay – QAR 10,710

Use the CBQ Mortage Calculator to calculate your personal loan in Doha

  • The fast approval process will give you instant access to cash
  • Nothing to pay for up to 6 months for Qataris
  • Flexible repayment tenors of up to 48 months for expatriates and 72 months for Qataris
  • Basic Salary -5000 QAR
  • Starting from95% p.a. variable (equivalent to 2.67% flat) for Qataris
  • Starting from75% p.a. variable (equivalent to 3.10% flat) for Expats
  • Personal loan in Qatar without a salary certificate. (Please check with the bank)

Commercial bank personal loan requirements

Commercial bank personal loan requirements are the same as mentioned below.

 

Required Documents

 

New Loan or Top-up Transferring Liabilities
Qataris Expats Qataris Expats
Valid ID Yes Yes Yes Yes
Valid Passport No Yes No Yes
Salary Certificate of latest monthly salary Yes Yes Yes Yes
Liabilities certificate from current bank No No Yes Yes

CBQ Contact Details

  • website cbq.qa
  • Use the internet and mobile applications.
  • Contact Customer Care Centre on +974 4449 5040
  • Visit nearest branches.
  • Apply Online

QNB Personal loan (Qatar National Bank)

Are you planning to get a personal loan in Doha Qatar QNB personal loan will be the another best option if your salary is 6000 QAR and more?

QNB personal loan minimum salary is 2000 for Qatari and 6000 QAR for Expatriates.

Salary Transfer required for Qatar National bank personal loan in Doha. If you are looking for a personal loan best loan interest rates you can choose Qatar National bank Personal Loan.

Qatar National bank provides Personal loan for expatriates if your basic salary is 6000 or more. Most of the bank in Qatar requires a minimum salary of 6000 AED to get personal Loan and Salary transfer also required. To get a personal loan in QNB Doha, it is required to meet basic salary of 6000 QAR and salary transfer but they provide best interest rates compare to other banks in Qatar Doha. Details to get a best personal loan in Qatar Doha are mentioned below.

QNB Personal loan Interest Rates

Minimum Salary QAR 2000 (For Qatari)

QAR 6000 (For Expats)

Salary Transfer Yes
Maximum Term 4 Year
Introductory Offer Fast Approval process
Features:  Islamic Finance NA
Flat Rate 2.2%
Reducing Rate 3.99%

QNB Personal loan Features

Use our QNB loan calculator Doha to calculate your remittance

  • Personal Loan against Salary
  • Top Up Loan
  • Loan Transfer
  • Early Repayment
  • Grace Period  3 months.
  • Postpone Loan Installments
  • QNB personal loan insurance protection

QNB Personal loan Eligibility and Interest Rates

Loan amount (QR) Tenure Min Monthly Salary(QR) DBR
Qataris Up to 2,000,000 Up to 72 Months 2,000 QAR 75%
Expats Up to 400,000 Up to 48 Months 6,000 QAR 50%
  • Most competitive interest rates in Qatar.
  • Full transparency displaying them entirely (Flat/APR).
  • No fees.
  • Special rates for Qatari retirees and the customers who are transferring their salary and liabilities to QNB.
  • Special QNB promotions

Commercial bank personal loan requirements

Commercial bank personal loan requirements are the same as mentioned below.

 

Required Documents

 

New Loan or Top-up Transferring Liabilities
Qataris Expats Qataris Expats
Valid ID Yes Yes Yes Yes
Valid Passport No Yes No Yes
Salary Certificate of latest monthly salary Yes Yes Yes Yes
Liabilities certificate from current bank No No Yes Yes

How to Contact QNB for Personal Loan in Doha

Doha Bank Personal Loan

Doha bank if fastest growing and best bank in Qatar. Also commercial bank Qatar personal loan minimum salary requirement with postponement offers. The salary transfer requires to get Doha Bank Loan.

Doha Bank Personal loan Interest Rates

Minimum Salary QAR 5000
Salary Transfer Yes
Maximum Term 4 Year
Introductory Offer Postponement
Features:  Islamic Finance NA
Flat Rate 2.19 %
Reducing Rate 4.18%

Doha Bank Personal loan Features

  • interest rates are Competitive
  • Repayment period up to 48 months for Expat and 72 months for Qatari customers
  • Fast approvals and activation
  • Flexible loan entitlements
  • Automatic deductions from the account (Convenient monthly installments payment)
  • Useful and Easy loan topping up
  • 3-month Postponement on loan

Doha Bank personal loan requirements are the same as mentioned below.

Contact Details (Doha Bank)

  • website http://dohabank.qa
  • Use the internet and mobile applications.
  • Contact Customer Care Centre on +974 4449 5040
  • Visit nearest branches.
  • Apply Online

Masraf al Rayan Personal loan Tasheel al Rayan Finance

Are you planning to get a personal loan in Doha Masraf al Rayan Personal loan Tasheel al Rayan Finance will be an option if your salary is 5000 QAR and more?

Salary Transfer required for personal Loan in Masraf al Rayan Doha. Also, If you are looking for a personal loan with a minimum salary of 5000 QAR with best loan payments terms you can choose from Tasheel al Rayan. For Nationals Tasheel al Rayan provides personal loan even if your basic salary is 4000 QAR or more

Masraf al Rayan provides Personal loan for expatriates if your basic salary is 5000 or more. Most of the bank in Qatar loan payment term is 4 year but in Masraf al Rayan you will have the option for up to 6 years. To get a personal loan in Doha, it is required to meet basic salary of 5000 QAR and salary transfer but they provide best interest rates compare to other banks in Qatar Doha and flexible payment terms. Details to get the personal loan in Qatar Doha are mentioned below.

Masraf al Rayan Personal loan Tasheel al Rayan Finance Interest Rates

Minimum Salary QAR 4000 (For Qatari)

QAR 5000 (For Expats)

Salary Transfer Yes
Maximum Term 6 Year
Introductory Offer 3-month gross period
Features:  Islamic Finance NA
Flat Rate 3.17%
Reducing Rate 5.71%

Personal Tasheel Al Rayan Finance Features

Use our personal loan calculator Qatar to calculate Masraf alRayann Personal loan Tasheel al Rayan Finance

  • Competitive profit rate
  • Comprehensive protection scheme
  • Flexibility
  • With up to 6 years, you can choose the payment that suits your budget
  • Grace period up to 3 months
  • Quick approval process

How to Contact Al Rayan for Personal Loan in Doha

  • website  https://www.alrayan.com
  • Contact Customer Care Centre on 44253333
  • Apply Online

First Finance Qatar

If you are searching for a private personal loan in Qatar then First Finance Qatar will help

First Finance Company 321; C Ring Road 230; Area number 40.
P.O. Box: 7258 Doha – Qatar.
Call- center: (+974) 4455-9999.
Operator: (+974) 4455-9988.
Fax: (+974) 4455-9955.

Best Personal Loan in Qatar -Doha Personal Bank Loan Comparison

Provider Minimum Salary Rate
CBQ Personal Loan 5,000 3.99%
Doha Bank Personal Loan 5,000 4.10%
Masraf Al Rayan Tasheel Al Rayan for Expatriates 5,000 5.71%
Mashreq Personal Loans for Expatriates 5,000 6.00%
QIB Personal Finance for Expatriates 5,000 6.00%
QNB Personal Loan for Expatriates 6,000 3.99%
Ahli Bank Personal Loan for Expatriates 6,000 5.00%
IBQ Personal Loan for Expatriates 10,000 5.00%
HSBC Personal Loan for Expatriates 15,000 4.99%
Al Khalij Commercial Bank Personal Loan for Expatriates 25,000 3.99%
QNB Personal Loan for Qatari Nationals 2,000 3.99%
Masraf Al Rayan Tasheel Al Rayan for Qatari Nationals 4,000 5.71%
QIIB Consumer Finance for Qatari Nationals 5,000 4.91%
Mashreq Bank Majestic personal loan 5,000 5.99%
QIB Personal Finance for Qatari Nationals 5,000 6.00%
Ahli Bank Personal Loan for Qatari Nationals 6,000 4.25%
IBQ Personal Loan for Qatari Nationals 10,000 4.50%
HSBC Personal Loan for Qatari Nationals 15,000 4.99%
Al Khalij Commercial Bank Personal Loan for Qatari Nationals 25,000 3.99%

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *