Which Bank is offering best Interest rate
I need the following info. for Personal Loan.
1) Interest rate (on reducing balance or fixed rate)
2) Maximum loan for Expats
3) Loan Processing/ Insurance charges Or Management fee
4) Max duration of loan
So as per your experience, tell me Currently which bank is the best in terms of above!!!
(Requesting on behalf of a friend)
SPEED
QIIB IS GOOD IN INTEREST RATES BUT THEIR COSTOMER SERVICE IS WROST IN AL HILAL BRANCH.JUST FEW WEEKS BACK I WENT THERE FOR USED CAR LOAN FIRST THEIR COSTOMER SERVICE SAID U CAN TAKE USED CAR FROM US.WHEN I COMPLETE MY ALL DOCUMENTS AND TAKE A OWNER WITH ME THERE THEY SAID YOU NEED A GRUANTOR AND U HAV TO PAY DOWN PAYMENT THEN I SAID WHY U DIDN'T ASK ME BEFORE THEN THEY SAID SORRY YOU CANT TAKE A USED CAR FROM US JUST BRING GRUANTOR FIRST..
if you having a loan in qiib what i mean is if you have an old loan in qiib and then you want another loal for them can be or no. how can i get more loan if i have olready a loan in qiib i heard they ofer maximum 1hundred riyal.
If Bank Loan is Haram...Credit Cards are the most haram...
Credit Cards charge at 33% interest if you consider a whole year @ 3% per month!!! ...
while Bank loan usually is around 14% with all charges included!
Borrowing from bank is haram. Your reply it is on behalf of a friend is the most naive I ever heard. You assisting a friend getting into a deal which is haram making you involved and responsible. Remember the hadees on interest? Whoever involved in the process in any way is part of the deal.
...World Bank ;)
I know but this is for my friend :-)
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you mean "lowest" interest rates!!! :-P
& QIIB is interest free..
QIIB IS GIVING LOW INTEREST RATES :)GO FOR QIIB GOOD LUCK