Doha Bank launches vehicle loan bundled offer

2019-07-13 11:30:29

(MENAFN- Gulf Times) Doha Bank has announced the launch of a 'special car loan offer with attractive interest rates and long tenures, inviting customers to take advantage of a host of value-added benefits when buying a car.
Free comprehensive car insurance and cashback are up for grabs as part of the promotion, the bank has said in a statement.
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% flat per annum (4.65% reducing rate per annum).
The bank's latest campaign will offer customers 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 benefiting from complimentary roadside assistance with SEIB insurance, the statement notes.
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.
'With our new Car Loan Campaign, we are seeking to empower them to own their car of choice at ease together with incredibly low financing cost and a range of attractive benefits.
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% 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.
For more information on the eligibility criteria for Doha Bank's car loan and terms and conditions, one can visit www.dohabank.com

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