QIB Press
Digital Desk
Oct 06, 2013 | 8 Minutes
Qatar’s leading Islamic bank – QIB – has launched a special car financing offer to celebrate Eid Al Adha. Exclusive to QIB customers, the offer ensures that they can get special and exclusive deals from selected auto dealers in Qatar backed up with a bundle of benefits that customers can enjoy. The offer runs for a limited period.
In addition to the exclusive tie-ups with auto dealers, QIB will offer a competitive profit rate, a comprehensive car Takaful rate of 2.5%, 6 months grace period before their payments begin, and a QR 1,000 complimentary voucher towards the price of car protection products. All this is combined with instant approval for the finance application and without the need to mortgage the car to the bank.
D. Anand, QIB’s Personal Banking Group General Manager explained that “the offer is a combination of previous exclusive offers, making it the best solution to get the dream car. During this time of year, customers are looking to change their cars, and what we want to offer them is a comprehensive deal that starts at the auto dealer and ends at giving a complimentary voucher for car protection products”.
“On top of all the rewards included in the package, we are offering the car finance through multiple channels: customers can visit the branch, go to the showrooms where our direct sales team is present or even apply online using QIB’s new website. We are committed to provide a seamless experience to meet our customers’ needs in a fast and convenient manner.” Anand Concluded.