Personal Finance
Get same day Personal Finance in Qatar for your next big goal or major expense with easy, flexible repayment terms – no guarantor required.
Personal finance
Minimum financing of QAR 15,000
Maximum amount QAR 2 million (Qataris)
Referencing debt available
QIB Personal Finance details
- Same day financing: Secure Personal Finance without the need for a guarantor – even on your first visit, starting from a minimum of QAR 15,000.
- Attractive profit rate: Benefit from a competitive profit rate that keeps your financing cost-effective.
- Refinance debt: Easily transfer existing debt from other banks to QIB – combine repayments and manage your money more efficiently.
- Credit Shield Takaful: Get Takaful coverage to cover your personal financing in case of death or permanent disability.
- Fixed repayment: Payback your personal financing in equal monthly instalments.
- Grace period: Get financial relief during emergencies and avoid penalties with a grace period of up to three months.
- 24x7 sales support: Get anytime assistance from QIB’s dedicated sales team.
| Eligibility | Qatari National | Resident |
|---|---|---|
| Maximum finance amount (including profit rate) | QAR 2 million | QAR 400,000 |
| Maximum monthly instalment per month | 75% of the basic salary and social allowance | 50% of the total salary |
| Age group | 18 – 65 | 21 – 60 |
| Minimum finance amount | QAR 15,000 | QAR 15,000 |
| Employer status | Company must be approved and accredited by QIB | Company must be approved and accredited by QIB |
| Employment status | Confirmed | Confirmed |
- Salary certificate
- Valid QID for Qataris, residency permits, and passport for expats
- Liability letter from the bank addressed to QIB
- Six months of bank statements
Finance calculator
Apply for Personal Finance in 2 easy steps
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Step 1
Login to QIB Mobile App
Step 1
Login to QIB Mobile App, go to “Apply for Personal Finance” and enter income details.
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Step 2
Choose amount and upload documents
Step 2
Select desired finance amount, upload salary certificate and the request is done.
Financing benefits
More ways to bank
Dedicated Tamayuz call centre
For convenient banking access, reach our Tamayuz Call Centre agents 24x7 at +974 4453 3000.
Read More
Internet Banking
Manage your accounts securely from anywhere with our Internet Banking platform.
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Reach us anytime, anywhere
Enjoy a premium, hassle-free banking experience designed for your convenience.
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Recommended best practices
Simple steps to manage your interest-free finance effectively.
Plan your repayments
Create a clear schedule for your instalments to ensure smooth and stress-free repayment.
Track your finance
Monitor your outstanding balance and payment dates on QIB Mobile App anytime, anywhere for better monitoring.
Set up payment reminders
Activate alerts in the app to avoid missing due dates and maintain a hassle-free experience.
Alternative financing
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Home Finance
Read More
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Misk Account
View Misk Account -
Growing Deposit
Explore Our Growing Deposit -
QIB Junior Program
Junior Program
Frequently asked questions
Qatari national can avail financing from QAR 15,000 to QAR 2 million.
Residents can avail financing from QAR 15,000 to QAR 400,000.
No, A guarantor or co-signer is not required for QIB Personal Finance. The unsecured finance is issued with respect to your salary certificate
No processing fees or administrative charges are applicable for QIB’s Sharia’ compliant personal finance
Yes, QIB offers 3 months of grace period for repayment in case of emergencies.
Yes. You can apply digitally via the QIB Mobile App.
Yes, you will receive a detailed schedule as mentioned in the Personal Finance contract to your registered email address.
Yes, QIB offers top up on existing Personal Finance with respect to credit eligibility.
