QIIB launches Personal Finance via its mobile and internet banking

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Doha: QIIB has announced the launch of a new instant personal finance offering through its digital channels (QIIB Mobile and Internet Banking) with great features including competitive finance rate and Qatar Airways Privilege Club Avios reward.

By applying for this offer, valid until August 31, 2022, QIIB customers can get Instant Personal Finance through QIIB Mobile and Internet Banking. Each customer will be awarded 10,000 Avios by Qatar Airways Privilege Club for every 50,000 QR of funding with a minimum of 4 years funding period and its multiples and will receive 10,000 Avios for every 100,000 QR of funding with a funding period of financing between 2 years to 4 years and its multiples.

Under the terms of the new offer, customers who obtain financing can benefit from a grace period of up to 12 months for Qatari nationals and three months for expatriates, calculated from the duration of the financing. After meeting the required standards and uploading the necessary documents on QIIB mobile banking or internet banking, the funding amount will be transferred to the client’s account in real time.

On the occasion of the launch of QIIB’s best financing offer via QIIB’s mobile and internet banking services, QIIB’s Managing Director, Dr. Abdulbasit Ahmed Al Shaibei said: “We are delighted to launch a new personal financing through our digital channels in collaboration with Qatar Airways Privilege Club. . This offer is in line with the Bank’s guidelines aimed at promoting the culture of digital transformation and encouraging Clients to use digital channels, given their various advantages, in particular their ease and efficiency.

He added, “The growing customer demand for QIIB digital channels is our driving force behind the launch of such offerings. QIIB has put in place a strong digital infrastructure as part of the execution of a large part of the Bank’s digital transformation plan. Most of QIIB’s services and products are available through digital platforms and some operations have been fully digitized to satisfy the preferences of customers who wish to execute such operations without having to visit Bank branches. He underlined that: “The QIIB Finance Offer meets the requirements of our clients. It was launched after studying the market needs and following the aspirations of customers to obtain Personal Finance with competitive features, flexible terms and fast financing turnover. In order to obtain personal finance through our digital channels, the qualifying customer only needs to upload the necessary documents to QIIB Mobile or Internet Banking and the application will be processed in real time. An instant SMS will be sent to the client’s mobile phone indicating that the required funding has been secured. The customer can apply at any time, 24 hours a day, without needing to be restricted to the official working hours of a branch.

He continued, “The Personal Finance offering through QIIB Digital Channels brings added value represented in the cooperation and partnership with Qatar Airways, the world’s leading airline, by granting customers who obtain Personal Finance under this offering, a reward of up to 20,000 Avios for every 100,000 QR. This will help customers navigate to their desired destinations, especially as the summer season and holidays approach.

Dr. Al Shaibei called on the Bank’s customers to “take advantage of this special offer designed to meet the requirements and aspirations of the customers while taking into account the best standards applied in the banking sector by guaranteeing customers financing at the lowest cost. low as possible and with the best features.

Qatar Airways Group Chief Executive, HE Akbar Al Baker, said: “We are constantly striving to provide Privilege Club members with the maximum benefits by being part of our frequent flyer programme. The partnership with QIIB will provide our loyal customers with a convenient tool to collect 10,000 Avios when opting for financing of QR 50,000 or QR 100,000 depending on the financing term. It’s another testament to our commitment to delivering a world-class experience to local members, giving them more ways to earn and burn Avios in Qatar.

It is worth mentioning that QIIB customers wishing to benefit from this offer can log in to QIIB Mobile or Internet Banking and apply for financing by uploading the required documents at any time of the day, seven days a week.

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