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Vehicle Finance Loan

There's no better time to buy a new car

HSBC Vehicle Finance Loan

There's no better time to buy a new or used car with a HSBC Vehicle Finance Loan.

Benefits

With the HSBC Vehicle Finance Loan, you will get:

  • Interest rates starting from 4.79% p.a.1
  • Finance available for both new and used cars
  • Loan amounts up to QAR728,000 for Qataris and QAR350,000 for expatriates
  • Comprehensive car insurance offered at competitive rates
  • Instalment suppression option - defer your monthly instalment up to twice a year for greater flexibility
  • Easy application and approval procedure

1Terms & conditions, fees & charges, credit / eligibility criteria apply. The benefits set out above are current as at the date they appear on mobile banking. However, these may be subject to change at any time at our discretion.

Documentation required

Required documentation for application:
Application Loan Application & Agreement Form
Primary identification

Qataris: Copy of Valid ID 

 

Expatriates: copy of passport with valid residence permit or work permit (valid for at least one month)

Evidence of income

Private companies: salary assignment letter (valid for three months)

Government and/or semi-government: salary certificate (valid for one month)

Others

Valid quotation of purchase

Comprehensive car insurance valid for one year

Documentation required

Required documentation for application:
Application Primary identification
Loan Application & Agreement Form

Qataris: Copy of Valid ID 

 

Expatriates: copy of passport with valid residence permit or work permit (valid for at least one month)

Application Evidence of income
Loan Application & Agreement Form

Private companies: salary assignment letter (valid for three months)

Government and/or semi-government: salary certificate (valid for one month)

Application Others
Loan Application & Agreement Form

Valid quotation of purchase

Comprehensive car insurance valid for one year

Eligibility

You must be a Qatari National or an Expatriate resident aged between 18 and 65 years earning a minimum monthly income of QAR 15,000 transferred to HSBC.

Apply now

Apply in branch

You can visit one of our branches, where our staff will be glad to give you further information and process your application.

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