Car Loans and Travelling Outside the country

dyn
By dyn

Hi,

I wanna take a car loan. The question is: can I travel to the neighbouring countries using this car? Are there any guarantees required by the bank against this issue? and which bank is the best for such case?

I tried to post this question yesterday but it didn't show. Don't know why.

Cheers,
D.

By dyn• 23 Jul 2009 11:28
dyn

Thanks,

Which bank is the best for a car loan do you think?

By anonymous• 22 Jul 2009 12:37
Rating: 4/5
anonymous

qatar is deferent than Dubai

in dubai thousends lost there jop and they left there cars at DUbai air port runing away from there instalmens

any why

i know a lot of expats traviling to eygpt and tounissya

weth out any problem

just to be convedent call the bank and conforem

By galloper48• 22 Jul 2009 11:16
galloper48

I heard you have to go the bank ad ask for a NOC to take the car outside the country. Others say you must make a security deposit for the ammount of the loan.

In the end better talk to your bank...and get first hand info from them.

Regards!!

By dyn• 22 Jul 2009 10:46
dyn

For example, I had a problem in UAE when trying to visit Oman with the newly-bought car through a car loan. The bank needed a full amount guarantee to allow that. However, some banks would allow this. but I don't know about it in Qatar. A friend said it is very much possible here. Any ideas?

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