Tell me pls
I trying to get a personal loan to buy a car.i think its interest is better than car loan interest.I have account with Commercial bank ,the people there told me they cant allow a personal loan coz my company is not approved with them ,means my company has dealing some other banks.
So please give me any suggestion/advise for the above matter.
thanks
Hello
If u can arrage a personal Loan ( Diminishing ) its ok? Else stick on to Car loan. I thnk Doha Bank has good offers now
Dear Nachu,
First of all thanks 4 ur comments.
Im trying to buy a new car.From ur comments understood car loan is better than a personal loan interest(I think wrongly).So i can get Car loan directly through a car dealer and dont bothered abt my company.
I guess what you said is wrong when you talk about loans... Personal loans are charged normally 10% to 12% (with some hidden charges additional) in Qatar... But car loans are just inbetween 3 to 7%.. Depends on new or used ones ..
I have 2 suggestions for you,
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1) if your company is not listed with banks, then you could contact Qatar Finance (located near Mumtaza Petrol station) and they will provide you with a car loan by submitting statement of account from any bank where you have your current account
2) if you are still insisting on personal loan, then Mashreq Bank is having a special promo personal loan right now which offers "anyone can get a loan even if u are listed or no" but the amount is very much limited depends on your current salary .... i guess its around 40,000 for a 10,000QR salary person
Hope this helps.. Good Luck..
why not go straightly with getting a car loan instead.. you can go to any car dealer and they can provide you with a bank as long as you have check
your company could also be "not reliable" in money matters.