Mashreq Personal Loans for Expatriates FAQ
How much can I borrow?
Loan amounts up to QAR 1 Million for expatriates working in Government & Semi Government organizations and QAR 397,500 for expatriates working in other companies
What is the minimum Mashreq Personal loan amount?
QAR 15,000.
What interest rates do I pay?
Our interest rates are charged on a reducing balance. The interest rates are extremely attractive and competitive.
What kind of collaterals do I need?
You do not need any collateral or guarantors.
Who is eligible for Mashreq Personal loan for Expatriates?
Qatar resident expatriates working for Mashreqs' list of approved companies. A maximum loan amount of QAR 100,000 for companies that are not under Mashreqs' approved company list
Do I get any special benefits?
You automatically get a host of complimentary benefits:
- Basic Current Account
- Easy Saver account
- Cheque book
- Electron ATM / Debit card - accepted worldwide
- Access to all our branches open from 7.30am - 1.00pm, and Ramada branch from 6.00 pm to 8.30 pm through Sunday to Thursday. You can visit our C-Ring Branch on Saturday between 8:00 am to 12:30 pm
- 24 hour telephone banking
- ATM access
How long do I have to repay my loan?
From 6 months to a maximum of 48 months, depending on your choice, eligibility and ease of repayment.