Posted on : Thu, 28 Oct 2010

A One-Stop Solution for all Vehicle Finance Needs

Doha, Qatar - 26 October 2010 – Qatar National Bank (QNB) and its QNB Islami announced the launch of its new Vehicle Finance Centre which serves as a one-stop shop for customers seeking from both sides vehicle finance products and services.

Located at the second floor of the Bank’s Ain Khaled branch, the new Centre was established to support best-in-market processing times for new loan applications.

The Bank has placed its entire suite of vehicle financing services under one roof to serve its customers faster and better. Among the services offered at the Vehicle Finance Centre are the processing of new loan applications, loan payment postponement, loan settlement, loan transfer (between QNB customers), loan cancellation, insurance payment, release letters and letters for the change of plate numbers, including services for QNB Al Islami customers in accordance with Islamic law.

QNB currently offers up to 100% vehicle financing with profit rates as low as 3.99%, processing fees as low as 0.5% of the finance amount and flexible repayment options of up to 84 months. The Center also provides advisory services to customers.

Accelerated loan processing and credit decision are vital aims of this new Vehicle Finance Centre and QNB is targeting a significant increase in customer satisfaction.

A dedicated team of Customer Care Representatives at the Vehicle Finance Centre supports customers with expert advice and quick service across QNB’s broad range of vehicle finance solutions.

The Bank has completed this upgrade to its services in record time to meet the growing demands of its diversifying customer base as well as to meet the needs of QNB Group which is growing at an unprecedented pace both within Qatar and abroad.

The Vehicle Finance Center is an integral addition to the broad network of branches and offices operated by QNB and QNB Al Islami, which are supported by ATMs and e-banking channels, together constituting The Largest Banking Network in Qatar.

For additional information regarding the Vehicle Finance Centre, call the QNB Customer Care Center at (+974) 44407777.