AlRayan Bank – Personal Finance Campaign 2025
Offer Details/Terms & Conditions
Campaign Period
• Valid from 18th May 2025 To 30th September 2025
Main Target Segment
• New to Bank Qatari & Non-Qatari Customers
• Salary Transfer Customers only
• Existing AlRayan customers with no active Personal Finance
Minimum Salary Amount to qualify
• QAR 10,000 per month for Qataris
• QAR 20,000 per month for non-Qataris
Minimum Finance Amount to Qualify• QAR 50,000
Maximum Finance amount
• QAR 2,000,000 including Profit for Qataris
• QAR 400,000 including Profit for Non-Qataris
Maximum Finance Tenure
• Maximum 6 years for Qataris
• Maximum 4 years for non-Qataris
• The above tenor includes grace period, if any
Maximum Age at end of Tenure
• Qatari – 65 years
• Non-Qatari – 60 years
Offer Details
• Profit Rate of 3.95% per annum
• Assured cash back of 5% on the 1st Salary transferred to the bank
• Reward of up to QAR 1,000 whenever somebody refers a salary transfer customer to AlRayan Bank- QAR 1,000 for Premier Customers
- QAR 500 for Retail Customers
Takaful Life Insurance
• Mandatory to be paid by customer
• AlRayan Bank will provide Takaful Life Insurance through Group Insurance Policy issued by Damaan Islamic Insurance Company (Beema)
Key Conditions
• The reducing profit rate provided by AlRayan Bank would be 3.95% per annum on Personal Finance product
• 5% cash back will be applicable on 1st Salary Transfer for Premier Banking Customers with a monthly salary of QAR 35,000 or more
• The condition for referral rewards up to QAR 1,000 would be:o Reward of QAR 1,000 for referring Premier Banking Customers
o Reward of QAR 500 for referring Retail Banking Customers
• Offer is valid till 30th September 2025
• Salary Transfer is mandatory
Salary Transfer
• Mandatory
Income Sources Allowed
• Income must be from Salary
End of Service benefits
• Mandatory to transfer to the bank for Non-Qataris (Residents) only
Early Settlement Charges for Personal Finance
• 100% of outstanding profit payable if liability is transferred to another bank
| AlRayan Bank – Personal Finance Campaign 2025 Offer Details/Terms & Conditions |
|
|---|---|
Campaign Period |
• Valid from 18th May 2025 To 30th September 2025 |
Main Target Segment |
• New to Bank Qatari & Non-Qatari Customers • Salary Transfer Customers only • Existing AlRayan customers with no active Personal Finance |
Minimum Salary Amount to qualify |
• QAR 10,000 per month for Qataris • QAR 20,000 per month for non-Qataris |
Minimum Finance Amount to Qualify |
• QAR 50,000 |
Maximum Finance amount |
• QAR 2,000,000 including Profit for Qataris • QAR 400,000 including Profit for Non-Qataris |
Maximum Finance Tenure |
• Maximum 6 years for Qataris • Maximum 4 years for non-Qataris • The above tenor includes grace period, if any |
Maximum Age at end of Tenure |
• Qatari – 65 years • Non-Qatari – 60 years |
Offer Details |
• Profit Rate of 3.95% per annum • Assured cash back of 5% on the 1st Salary transferred to the bank • Reward of up to QAR 1,000 whenever somebody refers a salary transfer customer to AlRayan Bank - QAR 1,000 for Premier Customers |
| Takaful Life Insurance | • Mandatory to be paid by customer • AlRayan Bank will provide Takaful Life Insurance through Group Insurance Policy issued by Damaan Islamic Insurance Company (Beema) |
Key Conditions |
• The reducing profit rate provided by AlRayan Bank would be 3.95% per annum on Personal Finance product • 5% cash back will be applicable on 1st Salary Transfer for Premier Banking Customers with a monthly salary of QAR 35,000 or more • The condition for referral rewards up to QAR 1,000 would be: o Reward of QAR 1,000 for referring Premier Banking Customers o Reward of QAR 500 for referring Retail Banking Customers • Offer is valid till 30th September 2025• Salary Transfer is mandatory |
Salary Transfer |
• Mandatory |
Income Sources Allowed |
• Income must be from Salary |
End of Service benefits |
• Mandatory to transfer to the bank for Non-Qataris (Residents) only |
Early Settlement Charges for Personal Finance |
• 100% of outstanding profit payable if liability is transferred to another bank |