Ans: Payday is a facility specifically designed to extend a helping hand towards the needs of employees earning a regular monthly salary.
Ans: For Payday Finance our interest rates are 36%
Ans: The following are the criteria for getting Payday Finance from Finance House
a) Should be salaried individual, with payroll services from Finance House.
b) UAE Nationals and expatriate residents of the UAE
c) Minimum age: 21 years and maximum age at loan maturity: 60 years
d) Minimum salary: AED 1,000 & Maximum Salary: AED 5,000
Ans: The following documentation is required
a) Original passport & photocopy thereof (with valid UAE residence visa for expats)
b) Original Emirates ID & Photocopy thereof.
Ans: Payday Finance does not apply for Self-employed individuals.
Ans: Payday Finance can be obtained for a maximum of 24 months.
Ans: Yes, the person who is seeking this facility must be a resident with a valid UAE visa.
Ans: Early settlement fee is 1% of outstanding.
Ans: The minimum age for getting Payday Finance is 21 years and the maximum is 60 years at loan maturity.
Ans: Yes, fixed amount of AED 150 per loan
For more details call 80034