Posted on May 05, 2015

Commercial Bank, one of the leading full service banks in Qatar, is not only offering its customers exceptional Personal, Vehicle and Mortgage Loan deals from as low as 1.99% flat interest rate (equivalent to 3.69% reducing interest rate), it is also giving away travel vouchers worth QAR 15,000 every single week for not just one but two customers!

Commercial Bank’s summer campaign is designed to cater for customers’ needs during the summer period, including helping customers pay for special family vacations, end of year tuition fees for their children, wedding plans or even supporting key investment opportunities such as buying a new property. Ramadan is always a popular period for vehicle financing too, with dealers launching special offers on cars, which means with Commercial Bank’s low rate loans and same day approvals customers can take advantage of these offers and buy the car of their dreams.

Commercial Bank customers can enjoy this campaign from now until Eid Al Fitr in July, benefitting from Personal Loans with repayment rates as low as 3.99% reducing interest rate (equivalent to 2.15% flat interest rate), Vehicle Loans as low as 1.99% flat interest rate (equivalent to 3.69% reducing interest rate) and special Mortgage Loans with repayment rates starting from just 3.99% reducing interest rate (equivalent to 2.15% flat interest rate). All these accounts come with the added benefit of an optional payment holidayof up to 3 months for Expats and up to 6 months for Qataris so customers won’t even have to start repaying right away if they choose not to.

Commercial Bank offers special [].jpg“Customers who take a loan out with Commercial Bank”during the campaign period will automatically enter a prize draw to win one of 24 travel vouchers worth QAR 15,000. A draw will be made once a week, with 2 winners each for 12 weeks to coincide with the summer months when many choose to take their long relaxing vacations. On top of low rates, payment holidays, and weekly winners customers also benefit from same day approvals and dedicated banking support 24 hours a day.

Commenting on the launch of Commercial Bank’s summer campaign, Dean Proctor, EGM Retail and Consumer Banking said: “Commercial Bank is pleased to announce its exciting new Summer Campaign to support customers in financing any additional expenditure through the summer months which combines exceptional rates for Personal, Vehicle and Mortgage Loans with market leading turnaround times on all financing and the chance to win a travel vouchers worth QAR 15,000 every single week”