Executive Finance

Ans: Executive Finance is a personal loan designed for our customers to meet their immediate cash needs such as children’s education, family holiday, emergency cash, house rent and others. Customers can enjoy the freedom to tailor a loan to match their needs.
Ans: Starting from as low as 9.99% to 39%
Ans: Following is the eligibility criteria a) Applicant should be salaried individual, employed in government/ public sector or with reputed establishments in the private sector. b) UAE nationals or Expatriate residents of the UAE c) Minimum age: 21 years and maximum age at loan maturity: 60 years d) Minimum salary AED 5,000 e) Length of Service : Six month with Current Employer or job confirmation whichever is earlier.
Ans: Following documentation is required a) Original passport & photocopy thereof (with valid UAE residence visa for expats); Original Emirates ID & photocopy thereof b) Latest 3 months’ original bank statements of account into which salary is transferred or regularly banked c) Current dated salary certificate from employer addressed to Finance House PJSC. d) Copy of latest pay slip e) Upon approval you will be requested to furnish a Direct Debit Authority which will enable us to debit your installments from your salary account. f) Security cheque of the approved loan amount + Interest + Insurance for the loan tenure.
Ans: Executive Finance can be obtained for a maximum of 36 months (linked to purpose).
Ans: Yes, the person who is seeking the facility must be a resident with valid UAE visa.
Ans: The minimum Finance amount is AED 10,000/- and the maximum is AED 250,000/-.
Ans: Early settlement fee is 1% of outstanding.
Ans: The minimum age for getting Executive Finance is 21 years and the maximum is 60 years at loan maturity.
Ans: Yes, loan processing fee is 1% of the loan amount (minimum of AED 500 & maximum of AED 2,500)
Ans: Yes, Death & Permanent Total Disability insurance shall be arranged @ 0.095 per month. Insurance is a part of the monthly installment payment.
Ans: Executive Finance is offered along with a Free for life Credit Card,
Ans: Once all the required documents are submitted, it will take up to 1 business day for a credit approval.

For more details call 80034