Introduction to the Doha Bank Car Loan in the UAE
Doha Bank empowers you with more spending power when it comes to buying your dream car. The bank offers the best car loans in the UAE at most attractive rates. Doha Bank offers car loans for both new and existing customers of the bank. Along with competitive rates of interest, you can also enjoy a host of benefits and flexible terms that make your car buying experience truly rewarding.
Features of Doha Bank Car Loan
The Doha Bank Car Loans come with the following attractive features:
- Easy processing and fast approval.
- The bank offers competitive rates of interest on car loans.
- Simple application process with minimal documentation.
- Automatic repayment option is available.
Benefits of Doha Bank Car Loan
Your car loan with Doha Bank enables you to enjoy the following benefits:
- High loan amounts to purchase your select car.
- Choose convenient monthly instalments as per your capacity for repayment.
- Enjoy flexible repayment periods up to 60 months.
Eligibility Criteria for Doha Bank Car Loan
Doha Bank may have its own set of eligibility conditions which you need to fulfil in order to receive a car loan from the bank.
Documents Required for Doha Bank Car Loan
The bank may request you to produce certain documents to process your car loan application. Normally, banks in the UAE ask for the following documents:
- Proof of identity.
- Address proof.
- Copy of passport.
- Salary certificates/slips.
- Vehicle invoice.
- Bank account statements of 6 months.
- Copy of UAE driving license.
Fee & Charges for Doha Bank Car Loan
The fees and charges applicable for Doha Bank Car Loan may change from time to time.
Other products offered by Doha Bank in the UAE are:
Why choose Doha Bank Car Loan
Apart from offering the most competitive rates of interest on car loans, Doha Bank car loans come with many attractive features and benefits such as flexible loan repayment tenures, fast loan approval process and many such benefits. Doha Bank is one of the leading banks in the UAE having its branches in Abu Dhabi and Dubai. The bank offers a number of financial services to clients which include Personal Banking, NRI Banking, International Banking, Wholesale Banking, Treasury and Investments services. You can apply for a Doha Bank Car Loan by contacting its customer care or visiting your nearest branch. Subsequently, the bank representatives will assist you in this regard.
Frequently Asked Questions - FAQs
How do I benefit from car loans offered by Doha Bank?
What is the maximum repayment tenure offered by Doha Bank?
How do I repay my Doha Bank Car Loan?
I am a new customer of Doha Bank and want to purchase a car. Will I get a car loan from Doha Bank?
How do I apply for a car loan with Doha Bank?
How much time does Doha Bank take to approve your car loan application?
Doha Bank offers the most competitive rates of interest on car loans that simplifies the process of car purchase and provides you assured benefits.
The bank offer a repayment tenure up to 60 months.
You can repay your Doha Bank Car Loan on monthly by paying easy monthly instalments.
Yes, Doha Bank provides car loans to its new customers as well.
Applying for a car loan with Doha Bank is very simple. You can do so by calling its customer care team or visiting the nearest branch of Doha bank.
Doha Bank maintains a fast approval process.
News about Doha Bank Car Loan in the UAE
1% more growth in profits for Doha Bank
Doha Bank's financial results for Q3 2015 were announced by the Chairman of the Board of Directors of Doha Bank His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani. The bank recorded a high of QAR 1,142 million net profit in comparison to last year’s QAR 1,135 million, which resulted in a 1% growth. The assets of the bank grew from QAR 70.3 billion as on 30th September 2014 to QAR 82.3 billion 30th September 2015, showing a growth of 17.1%. The amount of loans and advances as well have taken the upward direction from last year’s QAR 44.6 billion to QAR 54.4 billion for this year.
26th October 2015