News Column

Commercial Bank: Offers Ramadan vehicle loan package for customers

June 23, 2014

Commercial Bank is offering a special Ramadan package for vehicle loans as part of its recently launched summer loans campaign.

For a limited time, customers in the market planning to buy a new car can enjoy many benefits included in the bank's Ramadan vehicle loan package, such as a special low repayment rate, the chance to win free petrol for the rest of the year, instant loan approvals and exclusive discounted insurance deals. To celebrate this special time of year, all new Commercial Bank loans in its summer campaign come with absolutely nothing to pay for the first three months.

With Commercial Bank'sRamadan Vehicle Loan package, all customers can enjoy a special low repayment rate of only 1.99 per cent flat and a three month grace period without any repayments. As an added bonus, regular comprehensive insurance is offered at a discounted rate of three per cent for one year. Further rewards on offer to customers taking out Vehicle Loans over QAR 150,000 include the chance to win 'free petrol for the rest of the year' with Teyseer petrol cards. On top of these benefits, customers will be able to receive an immediate decision on whether they are eligible for a loan and will have access to a dedicated team available to guide them through the entire application process.

Commenting on the special Vehicle Loan package for Ramadan, Commercial Bank's CEO, Mr. Abdulla Saleh Al Raisi, said: "During the Holy month of Ramadan which is a very special time of year of generosity and giving, Commercial Bank is pleased to give back to our customers. We realise that owning a car has become a necessity, but we also realise that owning your dream car may be outside your immediate reach. Through our special Ramadan Vehicle Loan package, we want to put the joy back into buying a car and help our customers achieve that exciting feeling of driving home a new car."

He added, "Commercial Bank's dedicated Vehicle Finance team are located in our offices in Salata (next to the Nissan showroom) and Airport Road. Furthermore, representatives are available at car showrooms or can visit you at work or home at your convenience to provide more information about the Bank's fantastic Vehicle Finance offer."

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Source: CPI Financial

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