Personal QIB Financing Vehicle Finance
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Vehicle Finance

Enjoy Shari’a-compliant vehicle financing with easy approval and flexible repayment - your gateway to the best Vehicle Finance deals via QIB Mobile App.

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Max. amount of QAR 2 million (for Qataris)

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No guarantor is required

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No processing fees

QIB Vehicle Finance details

Finance any vehicle: Choose the vehicle you love - new or used - and get it financed easily with repayment plans tailored to your budget all through the QIB Mobile App.

Competitive profit rates: Benefit from the best Vehicle Finance rates that make your monthly payments affordable.

Zero administration charges: Being a Shari'a-compliant financing option, QIB Vehicle Finance doesn't have any processing costs or hidden fees.

No guarantor needed: Apply confidently without needing someone to co-sign your finance request.

Quick approval: Get your finance approved on your first visit, so you can use the best vehicle financing deals right away.

Fixed payments: Plan your budget better with clear, consistent instalments every month.

Auto Takaful: Protect your vehicle with comprehensive Takaful (insurance) coverage for added peace of mind.

24x7 sales support: Reach out to QIB's dedicated sales team anytime for help, guidance, or updates regarding the best vehicle finance deals.

Takaful finance option: Choose a financing plan that's built on cooperative Takaful principles – designed to share obligations evenly.

Eligibility Qatari National Resident
Maximum finance amount (including profit rate) QAR 2 million QAR 400,000
Down payment required No down payment 20% down payment
Maximum monthly instalment per month 75% of the basic salary and social allowance 50% of the total salary
Age between 18 – 65 21 – 60
Employment status Confirmed Confirmed

  • Salary certificate
  • Valid ID for Qataris, residency permit and passport for expats
  • Offer letter (quotation) from the car showroom addressed to QIB
Finance calculator
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Disclaimer:

Maximum Finance QAR 400,000 (Including Profit Rate) for Expats
Maximum Finance QAR 2 Million (Including Profit Rate) for Qataris

QAR
0 0
12 240

Disclaimer:

This is an indicative calculation only excluding Life Takaful, Property Takaful and any other fees
Maximum Finance QAR 3.5 Million (Including Profit Rate) for Expats

QAR
0 QAR 0 QAR
0%
12 72

Disclaimer:

This is an indicative calculation only; excluding Credit Takaful premium and Car Takaful fee

Apply for Vehicle Finance in Easy Steps
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  • Step 1
    Get started
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    Step 1

    Download the QIB Mobile App. Tap “Open a New Account Instantly”. Select “Current Account”. 

  • Step 2
    Update Personal Information
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    Step 2

    Upload your Salary Certificate, scan your QID (and passport if expat), review your details and take a quick selfie for verification.

  • Step 3
    Provide your details
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    Step 3

    Update your residence, email, employment, and income information. Capture your signature and choose your preferred branch.

  • Step 4
    Activate your account
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    Step 4

    Enter your name for the Debit Card. Choose a delivery option, fill in the tax declaration form, set your mobile banking login and validate with OTP.

  • Step 1
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    Step 1

    Login to the QIB Mobile App. Tap 'More' on the footer menu. Select 'Apply for Products.'

  • Step 2
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    Step 2

    Tap 'Open Additional Account' under 'Account Products.' Choose ‘Current Account’.

  • Step 3
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    Step 3

    Choose your currency. Select the account to fund your new Current Account. Enter the amount.

  • Step 4
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    Step 4

    Review all details carefully. Accept the Terms & Conditions. Confirm to open the Current Account.

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Financing benefits
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Postpone Instalments

Get an option to postpone your next three months instalments. The payment for the new finance will begin only after the current one ends.

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Instant Finance

Get quick and easy access to funds with QIB Instant Finance - a fully digital solution that lets you apply, get approved, and receive your finance within minutes through the QIB Mobile App.

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More ways to bank
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Dedicated Tamayuz call centre
For convenient banking access, reach our Tamayuz Call Centre agents 24x7 at +974 4453 3000.
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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.
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    Deposit Account

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Protect yourself from fraud

Your security is our top priority. Learn how to spot scams and protect your personal information with simple tips that help you bank with confidence. 

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Private information

Keep your info private: Never share passwords, PINs, or OTPs.

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Recognize spam

Spot suspicious messages: Ignore unexpected emails, calls, or links asking for sensitive details.

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Verify contact

Confirm before you share: Always verify the identity of the person or organization before responding.

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Frequently asked questions

Yes. QIB Vehicle Finance is available for all types of cars - whether it’s brand new or pre-owned.

Absolutely. All QIB Vehicle Finance packages follow Islamic Banking principles and are fully Shari’a-compliant.

Approval is quick and can be granted from your very first visit or through the QIB Mobile App.

For Applying through the QIB Mobile App you need:
  • Name of the car dealer
  • Offer letter (Quotation) from him addressed to QIB
For Applying through the Branch, you need:
  • Salary Certificate
  • Valid ID for Qataris, residency permit and passport for expats
  • Offer letter (Quotation) from the car showroom addressed to QIB

Yes. You can apply digitally via the QIB Mobile App.

We offer competitive profit rates, which may vary based on the type of car you are buying and the finance plan you have selected.