Car Loan Interest Rates?

beastsap
By beastsap

Would like to know which bank offers the lowest interest on bank loans? and what would be the rate?

By padamchhabra• 3 Jun 2016 14:32
padamchhabra

The best banks providing the lowest rate of interest are HDFC and SBI. HDFC provides at 9.35% and SBI at 9.30%. You can consult online portals like Dialabank for an easy approval and lowest rate of interest.

By beastsap• 7 Jun 2012 12:01
beastsap

then why in the IBQ website it says upto 100% loan?

By french kiss• 7 Jun 2012 00:05
Rating: 4/5
french kiss

if you are a qr staff, you ll just provide a bank letter from HR, copy of passport, copy of RP and copy of ID.

for car loans you must 20% of the car amount.

By beastsap• 6 Jun 2012 10:58
beastsap

what is the criteria for personal loan?

By french kiss• 5 Jun 2012 20:29
french kiss

if the amount is not high, go for a personal loan ;)

there s 1 or 2% difference in interest. but the cars is yours and you ll sell it any time you want

By Jhopp• 5 Jun 2012 19:22
Rating: 4/5
Jhopp

I took a New Auto loan from my home country (US) bank for 5 years at 1.79% to purchase a vehicle here in Qatar.

By boer• 5 Jun 2012 18:41
Rating: 5/5
boer

for expats - set by the Central Bank. Rates vary from about 4.5% upwards depending on the bank and your status at the bank. The Central Bank interbank lending rate is 3.5% and the banks must make a margin. So in other words if you are a middle class borrower then 5.25% is a reasonable rate. If you are a senior manager earning 50 or 60k per month then you might negotiate 4.5 or 4.75%.

By beastsap• 5 Jun 2012 18:10
beastsap

Oh really? But when I called them they said 5.25% of interest and for 4 yrs max, thats it. Is it a good plan?

By anonymous• 5 Jun 2012 18:08
Rating: 5/5
anonymous

IBQ offers good plans for car loans.

By beastsap• 5 Jun 2012 18:02
beastsap

Any bank that offers full bank loan or 90% bank loan for qatar airways staff?

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