Qatar bank loan/wana pay it from my homeland
Hi,
wondering if some one could hep me out,
i am having a Diha Bank loan of almost 200000 Q.R, due to some reason i am goin back to pakistan , i just want to continue payin my debat thorugh pakistan, like i did in qatar, so i called my bank and said them what if someone wants to move back and he has loan, they said he must have to payy off all the loan then he can leave, but bank also advice me to contact to my branch, which i did not, as i know if i will inform them i am leaving they will not let me leave, wondering what shoud i do, should i move back and then contact to my bank and ask them that i am willing to pay my debate as per the schudle but from pakistan, or there is any other way?
i cant transfer this loan to any pakistan bank, as the mark up rate is pakistan is realy high e.g 21-27%,
if any one can suggest me the better way except advising me to pay off whole amount...as i already have spend that money, but i can eaisly coninue my installment from pakistan.
email
[email protected]
Amjad, could u email me pls to share your loans as you asked. we have similer cases to advise...
Interpol is the last resort for Qatar:
http://thepeninsulaqatar.com/qatar/220008-interpol-seeks-qatari-help-to-nab-thief-.html
The bank will try to settle things first.
You do have to laugh at all the people who do try to steal money by fleeing from one country without paying debts, who end up on the Interpol Red Notice watch list! morons!!
http://www.interpol.int/Wanted-Persons
Unless there is an extradition treaty between Qatar and Pakistan, only then he can be taken back to Qatar to be arraigned, as no government will be willing to hand over its citizen to a foreign country without such treaty.
All GCC countries are linked to each other, so if you plan on coming back to ANY GCC member country, think twice. Moreover, after you have paid it in full from your country, request a letter of no obligation from the bank, otherwise you have no proof that the payment had been completed.
Goodluck!
I've heard a similar case. This was my friend's friend case. He made a bank loan about QAR200k. He left the company n qatar to his home country as he cannot settle the loan in that short time.
He was happily living in his country back then for a couple years. Yes..I said, "WAS". After two years, he got another job offer in Abu Dhabi, he went there. In Abu Dhabi, he was held by the authority and cannot leave the country or any GCC.
If only he didn't make a come back to any GCC, he would be okay..I guess.
Go on Emergency Leave and don't come back. Callthe bank from Pakistan and negotiate. They will be much more favourable that way.
Since you say you'll be paying the money back anyway, then you have nothing at all to worry about.
So relax!
seriously you think i am joking? try it out and see for your self.
how old are you?
how old are you?
its not a joke. you can be arrested in pakistan and brought over here.
dont make people laugh....
as if my country police is sitting for qatar bank people... they have alot other things to do..i am not doin any crime in pakistan...what i do out of my country thats not my country police business.. so please be reliastic,,if you have somehting serious do share other wise do not make people laugh
i know i cant resign , i have to leave the country with out resigning,
i know no one can chase me in pakistan, but i do not want to keep bank money with me....
Technically, unless there is a law in your country that stated the loan taken from Qatar be valid in your country, then only then you will face serious problem with authority. Most of the time, the bank hires a company in your country whose only purpose is to harass you until you break. They will threaten you with a lot of legal jargons, but in reality, that's the only thing they can do. They will even hire a police officer just to make it look real that they are arresting you in case you don't pay.
However, if the bank here has a local bank partnered in your country, then that will be a different story, as they can just transfer your loan to them and let the local banking law apply to you.
No other option than to pay. If your priority is to leave, check with your local law as this may cause you more problem in the future.
It all depends upon your currently employer, if they have given no liability letter to the bank when/while you opened a account/took a loon then you will get your exit with no problem. Loan with bank is between you and the bank nothing to with Immigration/Exit.
In the case you company does not demand a clearance letter/bank account closing letter from you, you can go back to the home country with no issue.
There wont be any problem from the DOHA Bank as long as they get their installment on time. In-case you stop paying their installments they are file report to the POLICE/Open Case with Court only then you will face problem as some people mentioned above.
Its again better to talk to DOHA BANK Branch to avoid any problem in future for any of action you plan to take.
nowadays the bank transfers/sells the loan to a bank in your home country... like for my friend who had a loan from Doha bank and 'vanished' from here, the collection agents came from ICICI bank in India..they demanded to pay more money than the actual loan in Doha,so he contacted Doha bank and they accepted his offer to make the default payments here in Doha and close the loan..
The bank will contact the police in the person's home country and will arrest him.
The bank can get all your passport details from your sponsor and will be alerted if you keep travelling.
If someone is going on vacation with intent in his/her heart never to return, how can they catch him/her @ airport?
there is no easy escape... you can take a loan in your country, transfer it here, pay off the loan and go..
Bank will let you go if someone else ready to take responsibility for your loan, in that case he has to provide his salary certificates and some formalities. Otherwise you cannot make exit till you close your loan. Even if you get exit, you may caught at airport immigration.
Your current sponsor won't be able to cancel your RP until they get a letter from the bank to confirm that your loan has been fully repaid.
If you leave and don't pay your loan... expect the police to come looking for you!
Unfortunately, no bank will believe someone who is leaving the country will be able to pay them the loan, hence the requirement to pay prior to departure is required. Furthermore, your employer is mandated to not give you your final settlement due to your existing loan, and they are mandated to inform the bank of your planned exit.
Only way you can leave the country is if you do not file a resignation and just leave like you are scheduled for a vacation.
make a int bank wire from pakistan to diha bank
wich credits every month on your qatar acct from wich the loan is paid?