Repayment of Car Loan

Name: Qatar Living Classifieds
Rating: 4.1 (228 reviews)
Author: Qatar Living

I have fully repaid my car loan with Doha Bank. What is the documentation which I need to obtain from the bank as an acknowledgement for full repayment. Does the bank issue a clearance certificate?
Thanking you all in advance.

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By Bozzini• 25 Oct 2009 15:57

Rating: 5/5

Yes.. after repayment of ur car loan in full, U shud request the bank to issue the Clearance certificate.

Usually the bank should do it by default. But its better to follow it up.

Once this has been issued, U need to take it to Traffic Dept and change the registration of ur car to ur name (fr the bank's name). This can be done at the time of renewing ur car registration.

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Repayment of Car Loan

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