QIB launches exclusive Auto Finance promotion during Ramadan

Qatar Islamic Bank (QIB) has announced the launch of its Auto Finance promotion during the holy month of Ramadan, to meet the growing needs of its customers.

The new promotion is part of the bank’s commitment to reward new and existing loyal customers who apply for car finance, by offering them a number of benefits. Along with quick approvals and low reducing profit rates at 3.50 percent p.a. (1.83 percent flat), the Auto Finance offer will provide new and existing QIB customers attractive rates on their Auto Takaful policy, with a 1.90 percent exclusive rate, as well as a 6 months’ grace period from the finance tenure, for both Qatari nationals and expats. QIB has partnered with a variety of automotive dealers and brands to offer special financing deals on new vehicles during Ramadan.