Personal loan,Which Bank to choose ?

hi2ueverybody
By hi2ueverybody

I want to apply for personal loan about QAR 3,00,000 but confused about the offer from banks i.e-
1) Al Khaleeji-EMI-Approx.7000 QAR for 4 yrs
Initially granted Only QAR 2,00,000 (because of my liabilities) & after 3 months I can apply for remaining QAR 1,00,000.No processing fee & minimum insurance charges.
2) Mashreq-EMI-Approx QAR 6500 for 4 yrs.
Granted QAR 3,00,000.Processing & Insurance charges-QAR 12,500.
Why Processing & Insurance charges are so high in Mashreq ?
What the insurance is for Death benefit/Handicapped or jobloss ? how it covers ?
How is your experienced with these banks ?
I will be very greatful if advise on this.

By atif242• 11 Nov 2011 22:48
Rating: 5/5
atif242

Well you may choose BARWA BANK. It's a new bank in Qatar with lots to offer.

By nishantvshah• 11 Nov 2011 14:17
nishantvshah

how about barwa ???

By anonymous• 11 Nov 2011 12:49
Rating: 2/5
anonymous

i agree. dont go mashreq. they are not friendly bank, more on promises but lack of action. lots of hidden etceteras...i heard that cbq isl ot better than the others though i didnt try this banks yet..so go for cbq

By ghazalz• 11 Nov 2011 10:42
ghazalz

Qurz is a curse...

By anonymous• 11 Nov 2011 10:32
Rating: 2/5
anonymous

DIFRENT NAME SAME BAD

By MRINAWAS• 11 Nov 2011 10:28
MRINAWAS

dont go 4 DB

By Theuniamr• 11 Nov 2011 09:00
Rating: 5/5
Theuniamr

Avoid mashreq, they have many hidden aspects which can cause a lot of trouble & loss for us. they are not customer friendly. Try CBQ.

By anonymous• 11 Nov 2011 07:31
anonymous

Go for time-tested CBQ. They are asking a low interest rate.

By flexicode• 11 Nov 2011 00:29
flexicode

Avoid choosing Mashreq for their lack of transparency and customer service.

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.