Rent Loan

The Facility to Finance House Rents


Loan facility to finance house rents for Qatari Nationals/Expatriates working in the Government/private sector establishments.

  • Attractive Interest Rates.
  • Loan amount for a fixed period of 12 months.
  • No commission.

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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.