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Borrow
Auto Loan
Get an Auto Loan approval in 30 minutes for financing a new or used vehicle (less than 3 years old)
Interested? Let us contact you.
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Features and benefits
Auto Loan borrowing limits
Qataris - Borrow up to QAR 2M (including interest)
Expatriates - Borrow up to QAR 400,000 (including interest)
Repayment periods
Qataris - Maximum term of 72 months
Expatriates - Maximum term of 48 months
Fixed monthly repayments
Additional features
Competitive rates available on auto insurance with free road side assistance
Fast approval
30 minutes approval
Useful information
Eligibility
Qataris:
Above 18 years of age at the time of application and not older than 60 years at the time the facility matures
Earn a minimum monthly salary of QAR 6,000 assigned to your Ahlibank account
Maximum monthly payments not to exceed 75% of monthly basic salary plus social allowance
Expatriates:
Above 21 years of age at the time of application and not older than 60 years at the time the facility matures
Earn a minimum monthly salary of QAR 8,000 assigned to your Ahlibank account
Maximum monthly payments not to exceed 50% of total monthly salary
Minimum 20% down payment of the vehicle value
What is the application process?
Complete an application form at any of our branches
Provide the documents listed below
If your application is approved, you will be contacted by your branch
What key documents do I need to apply?
Qataris
Valid Qatar ID Card
Salary certificate/salary assignment letter from your employer
Liability letter from your existing bank titled to Ahlibank and 3 months bank statements (for buyout cases only)
Car quotation from an approved car dealer
Trade License and Commercial Registration documents (for self-employed customers/non approved companies)
Expatriates
Valid Qatar ID Card
Passport with valid resident permit
Salary certificate/salary assignment letter from your employer
End of Service (EOS) assignment letter from your employer
Liability letter from your existing bank titled to Ahlibank and 3 months bank statements (for buyout cases only)
Car quotation from an approved car dealer
Trade License and Commercial Registration documents (for self-employed customers/non approved companies)
Post dated security cheques for the amount borrowed
Fees and Charges
Download Fees and Charges here
Download PDF
Terms and Conditions
Download Terms and Conditions here
Download PDF
Account servicing
Choose your most convenient service channel:
24/7 Online Banking -
www.ahlibankonline.com.qa
24/7 Contact Centre +974 4420 5222
24/7 Ahlibank ATM network - for full list of locations
click here
Your nearest Ahlibank branch - for full list of locations
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