QNB Sustainable Green Vehicle Loans

With QNB Sustainable Vehicle loans, you can benefit from a special reduced rate of 6.15% APR equivalent to 3.3% flat rate.
 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 6.15%, equivalent to 3.3% fixed interest. The interest rate is subject to change according to the conditions of the QCB

  • Credit life insurance of 0.34% p.a. is applicable

  • No management fees

  • Fast approval

  • No down payment is required for Qataris for up to 6  years’ repayment period

  • 20% down payment is required  for non-Qataris with up to 4 years repayment period

  • 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

Terms and conditions apply.

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