Thursday 13, April 2017 by Georgina Enzer

Doha Bank re-ignites Qatar’s property market with new loan offer at 3.99 per cent with 12 months pay

Doha Bank has launched its new retail home loan offer which now features an interest rate of 3.99 per cent for the first year, it also features a 12 month payment holiday offered to customers with a an option to get up to QAR 20,000 to offset the early settlement fees whenever you are transferring your home loan from another bank to Doha Bank.

“Our customers’ needs are paramount and we believe in launching products best suited and geared towards their expectations. Doha Bank recognises that the property market is an important element of the Qatar economy. There has been overall stabilisation of the real estate market this year, particularly in retail mortgage properties, and much of this can be attributed to current and future spending on infrastructure works, and reinvigorated real estate development in Qatar,” said Dr. R. Seetharaman Doha Bank group CEO.

With this limited time offer you will also get a free fire insurance for the first year, free management and mortgage fees, free mortgage saver account which pays you 1.25 per cent p.a. interest rate up to QAR 2 million and free for life VISA Infinite or Platinum credit card. The bank will provide loans of up to 70 per cent of property value for Qataris and Expats, with mortgage repayment periods of up to 20 years.

Now is the time to get your housing loan from Doha Bank. The updated home loan offering features four product variants for discerning individuals and families. Qatari customers can obtain housing loans for ‘ready to sell properties’ or houses and villas under construction, while expatriates and Qataris can benefit from leasehold and freehold property purchases.

“Doha Bank’s housing loan is the financing solution that anyone needs to buy the property that they have always dreamed off, to call it home. The process for applying is easy and fast and is expedient for anyone searching equally for a great offer and a great service offered by all our housing loan agents,” said Doha Bank Head of Retail Gul Khan.

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