AL AHLI BANK Mortgage Loan - For Qatari
|Minimum Salary needed||QAR 10,000|
|Maximum amount available||QAR 5M|
|Length of Loan||20 Years|
|Profit Rate||3% to 6%|
|Upfront Fees ( if any )||No|
|Eligibility||Salary assigned to your Ahlibank account; Above 18 years of age at the time of application and not older than 75 years at the time the facility matures; Maximum monthly payments not to exceed 75% of monthly basic salary plus social allowance; Liability letter from your existing bank titled to Ahlibank and 3 months bank statements (for buyout cases only); Copy of the title deed of the property; Certified real estate valuation from an office registered by the Court of Justice in Qatar and approved by the bank (if the property value is more than QAR 2.5M, then 2 valuations will be required); First legal mortgage over the property;|
|Main Features||Free Processing fee, Early settlement fee, Partial settlement fee, Top-up fee; Installment deferment fee QAR 50 per deferment; Life insurance cover 0.05% of the total outstanding loan amount; Late payment fee QAR 100 per installment ; Liability/No liability letter QAR 25 per letter|
AL AHLI BANK
The Al Ahli bank, in its 31 years of operations has grown substantially. Today the bank operates 54 ATMs and 16 branches in Qatar. With a vision “to be at the heart of the community” the bank has been seamlessly integrating its traditional values with newer banking practices. The bank’s mission is to provide the right products to the people & be actively involved in the community all the while being approachable, responsive and straight forward. The Al Ahli bank has always strived to delight their clientele by providing them, with a memorable level of personal attention and service. All these commitments have been instrumental in the bank’s growth and its widening client base.
The coastal city of Doha has much to its credit. The city has played host to a great variety of events from sports to trade and commerce related events of the greatest importance. Of special mention here are the Asian Games in 2006, the Pan Arab Games in 2011, the 20th World Petroleum Conference in 2011 and the UNFCCC Climate Negotiations in 2012. The city also co-hosted the AFC Asian Cup in 2011. The city has also been hosting the Doha development Round of the WTO trade negotiations since 2001. Being selected as a co-host for the forthcoming FIFA World Cup in 2022 is the latest feather in its cap.
Mortgage Loan - For Qatari
A mortgage loan helps in realising the dream for a home. The applicant needs to be between the age of 18 and 75 from the application till the term of the loan expires. Furthermore the borrower needs to earn a minimum monthly salary of QAR 10,000. The maximum monthly repayment due on the loan cannot exceed 75 percent of the basic salary and social allowance per month. The applicant needs a valid Qatar ID card, a copy of the title deed of the property, first legal mortgage over the property and a Salary certificate from the employer. A certified real estate valuation completes the list of required documents.