Education Loan

The First of It’s Kind in Qatar


Based on encouraging statistics from educational institutions in Qatar Doha Bank has come up with the Educational loan.

  • Repayment period up to 24 months.
  • Loans will be granted against salary transfer to Doha Bank.
  • No guarantors for both Qataris and Non Qataris.
  • Facilities from Kintergarden to High School to Univiersities.

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Interest Calculation (APR):

  • Commencing from the Loan Date, interest shall accrue on the Loan on a daily basis at the relevant Interest Rate and will be capitalized to the Loan Amount at the end of each month.
  • Interest will be calculated as per following formulae. The Daily Balance of the Loan X Total Annual Rate X (1/360)
  • Every payment made after the due date will result in additional interest accrual on loan
  • Where a Grace Period applies or where the Customer is granted a postponement in respect of an installment, interest on the relevant Loan shall continue to accrue and will be capitalized to the Loan Amount at the end of each relevant month.