wanted to know what is the procedure for pre-payment of a personal loan in Qatar and what are the additional charges ? I have a personal Loan in Doha Bank and its Maturity Date is Oct-2017.I want to Pre pay my loan till July-2016.
Talk to the bank people directly. The earlier you repay the loan, the better it is for you. I am sure the bank will not reject if you make the repayment before maturity. You may even get to save some money.
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.
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!
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.
Hi Xtc actually have some health Issues. The only reason for an Early settlement :)
Whether you pay the loan monthly or do early settlement, the bank has all of the interest calculated and passed on to you.
Why do you want to pay your loan earlier? If you have extra money invest it, pay the bank loan monthly from the profit.
GO N CONTACT TO UR BANKER.
Go ahead only you will have a early settlement penalty worth of 250 Qr
If a depends on the bank and the contract. Some banks will not accept early repayment because they may lose extra interest
Talk to the bank people directly. The earlier you repay the loan, the better it is for you. I am sure the bank will not reject if you make the repayment before maturity. You may even get to save some money.