I am a banker and guess, I might be able to guide you. Your company is obliged to inform the concerned bank, about your termination / resignation. The best thing is to discuss with your bankers and explain the predicament. I don't see themselves trying to be unreasonable with you. If you were able to get another job, within a reasonable time, they should be able to readjust the repayment period. Banks always resort to travel-ban, to prevent the borrowers from leaving the country, without settling the dues. People who have attempted to flee the country, without clearing the loans have been arrested at the airport, because of the travel ban, banks impose. Have you considered sale of your vehicle and clearance of the loan, if you are determined to leave Qatar?
Hi there,
I am a banker and guess, I might be able to guide you. Your company is obliged to inform the concerned bank, about your termination / resignation. The best thing is to discuss with your bankers and explain the predicament. I don't see themselves trying to be unreasonable with you. If you were able to get another job, within a reasonable time, they should be able to readjust the repayment period. Banks always resort to travel-ban, to prevent the borrowers from leaving the country, without settling the dues. People who have attempted to flee the country, without clearing the loans have been arrested at the airport, because of the travel ban, banks impose. Have you considered sale of your vehicle and clearance of the loan, if you are determined to leave Qatar?