Drive the Green way with QNB’s Green Vehicle Loans
With QNB Sustainable Vehicle loans, you can benefit from a special reduced rate of 5.00% APR (Equivalent to 2.64% flat) rate inclusive of credit life insurance. Interest rate is subject to change in accordance with the Qatar Central Bank (QCB) rate.
Requirements:
- Salary certificate.
- Vehicle quotation from an approved car dealer for electric or hybrid vehicle.
- Original ID card.
- Original valid passport (for non-Qatari customers).
Benefits
- An annual interest rate of 5.00% APR (equivalent to 2.64% Flat). The interest rate is subject to change according to the conditions of the QCB including life insurance.
- 1-year’s free comprehensive vehicle insurance.
- No management fees
- Fast approval
- No down payment is required for Qataris for up to a repayment period of 6 years
- 20% down payment is required for non-Qataris with up to a repayment period of 4 years
- No fees on early settlement of the loan
- Financing of electric and hybrid new and pre-owned cars
- Postponement of monthly installments is allowed for Qatari and non-Qatari customers.
The offer is valid from 7 May until 7 July 2023
Terms and conditions Apply.