How to get a Car Loan ?

akfazil
By akfazil

I was trying to get a car loan from my bank (Doha Bank) where i have my account and salary transfer for the last one year. Till October they were chasing to take the car loan now when I need one these guys are telling that my company is not there in the Bank's approved list and so they cannot give a car loan.

Can anybody suggest me from where I can get a car loan and what will be the minimum requirements ?

By sheenafernandes• 14 Feb 2009 11:13
sheenafernandes

Def go to IBQ. Just got my car last week!!!

Good luck

By sij• 13 Feb 2009 20:11
sij

give me a call on 5249789

By anonymous• 13 Feb 2009 19:49
anonymous

more bank not required to transfer ur account taking car loan.but u need to give post dated cheque...

By Bozzini• 13 Feb 2009 18:42
Rating: 4/5
Bozzini

IBQ and Al Khaliji do not require salary transfer or minimum salary requirement for car loan. And competitive interest rates...good luck

By Hasan Shaikh• 13 Feb 2009 18:29
Rating: 5/5
Hasan Shaikh

Dear Fazil. The first thing that you need to do is to change your bank. Doha Bank is in great financial diffculties and you can loose whatever balance you have in your account (if the bank liquidates). Secondly, if any bank tells you that your company is not approved, you can get your company approved or go to another bank. I am not sure if any bank shall give you a loan without salary transfer. The world economy is facing a shortage of liquidity, if you have noticed. My suggestion is that you find a bank with which your company is approved, and switch to that bank ASAP. The bank with which your company has its corporate accounts shall definitely entertain you.

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