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Finance House Personal Loan

Personal Loan up to 8 times your Salary

Finance House Personal Loan

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  • Hassle-free documentation
  • EMI Tenure up to 48 Months
  • Lowest Interest Rates

Get personal loan at Lowest Interest Rate
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The main services and products offered by the financial institution are personal loans, credit cards. Finance house personal loans are offered at interest rates starting from 12.99% and come with a minimum salary requirement of AED 5000. These services continue to lead the growth and profitability of the company. Apart from the various products and services,  the company offers  Finance  House  Personal  Loan by the name of Executive Finance. 

Finance House Personal Loan Interest Rates

The Finance House Personal Loan charges a low reducing interest rate starting at 12.99 % per annum. 

Features and Benefits of Finance House Personal Loan 

Feature

Availability

Salary Transfer

Not Required

Early settlement

Yes 1% of settlement amount

Cashback

No

Free Credit Card

Yes

Free Personalized Cheque Book

No

Free Insurance

No

Introductory Offers

No

Phone Banking

Yes

Mentioned below are a few features and benefits of Finance House Personal Loan: 

Salary Transfer

In order to apply for this executive finance, it is not necessary for the applicant to transfer their salary. 

Interest Rate

Executive Finance by Finance House is available at an attractive rate of interest starting at 12.99% (reducing).

Credit Card

With this Finance House personal loan, the borrower receives a free for life credit card. 

Repayment Tenure

The repayment for this Executive Finance can be made in easy monthly installments. The loan is available at a flexible tenure for repayment.

Availability

Executive Finance is available for both expatriates and the UAE nationals. 

Documentation

The applicant can apply Finance House Personal Loan easily if they meet the eligibility criteria. The documentation process is hassle-free and simple.

Fast Approval

After the submission of all the required documents, it takes a maximum of one business day for the approval of the application (as per the applicable terms and conditions).

Grace Period

The borrower can avail a grace period of 30 days on their first installment. 

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Eligibility and Documents Required for Finance House Personal Loan

Eligibility Criteria 

Category

Details

Age Criteria

Minimum- 21 years

Maximum- 60 years

Minimum Monthly Income

AED 5,000

Employment Eligibility

Service Duration- 6 months with current employer or confirmation of employment (whichever earlier) Should be a Salaried Individual Employed with a reputed organization

Residency

Expatriate or UAE National

Documents Required 

Category

Details

 

ID/Address Proof

Valid Visa for UAE Residence for expats, Passport, & Emirates ID (original and copy)

 

Bank Statements

Recent 3 months’ statements of the salary transfer account or the account regularly banked (original)

Salary Proof

Salary certificate (current dated)

Other Documents

Direct Debit Authority (upon approval)
Calculate Your EMI for Finance House Personal Loan 

Finance House Personal Loan- Frequently Asked Questions

Q1. What is Executive Finance? 

Ans: Executive Finance is a personal loan facility offered by Finance House for professional executives. 

Q2. Is the interest rate charged on executive finance reducing or fixed?

Ans: The Finance House charges a reducing interest rate on executive finance.

Q3. Are self-employed individuals eligible for Finance House Personal Loans?

Ans: No. Self-employed individuals are not eligible for Finance House Personal Loans.

Q4. What is the tenor for Finance House Executive Finance?

Ans: The maximum tenor for Finance House Executive Finance is 36 months. 

Q5. Is there any residency requirement? 

Ans: Yes. The applicant should be a resident of the UAE having a valid UAE Visa. 

Q6. Is there any amount restriction for Executive Finance?

Ans: The minimum amount is AED 10,000 and the maximum amount is AED 250,000. 

Q7. Can I make an early settlement on my Finance House Personal Loan? 

Ans: Yes. You can make an early settlement by paying an early settlement charge of 1% on the outstanding balance.

Q8. Do I have to pay any processing fee? 

Ans: Yes. You will be charged a processing fee of 1% on the outstanding loan amount. 

Q9. Do I get any grace period for my first installment?

Ans: Yes. You get a grace period of 30 days.

Q10- What should be my minimum salary to be eligible to apply for Finance House Personal Loan?

Ans: In order to apply for Executive Finance, your minimum salary should be 5,000 AED.

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Reviews & Ratings

★★★★★
4.7/5 (based on 10,200+google icon reviews)
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Abid MehmoodAbu Dhabi, November 21, 2022
★★★★★
Personal Loan at Minimal Interest RatesMy wife and I had been planning home renovations for a while but didn't want to spend our savings on it. I thought of getting a personal loan for the same but the interest rates didn't match my budget. Experts at policybazaar UAE helped us understand the market and we could finally co-borrow our loan at exceptionally low rates. Their customer-centric approach is truly appreciated. Thanks, Policybazaar!
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Asif Khurshid AfridiUmm Al Quwain, November 21, 2022
★★★★★
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ImrankkRas Al Khaimah and Fujairah, November 21, 2022
★★★★★
Apply Personal Loans with easily process It's really amazing to see the personal loan options available with Policybazaar.ae. I got an amazing high amount personal loan which is also very easy to pay with affordable instalments. The documentation and application process was equally easy. Fantastic experience overall!
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★★★★★
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★★★★★
Personal loan for make a tripAs someone fascinated with Maldives, I was unable to make a trip there due to lack of funds. This was completely solved by Policybazaar.ae from where I got a low interest personal loan. They also made me understand how I can manage my other expenses without defaulting the loan. Thanks to Policybazaar UAE I found a truly amazing personal loan plan!
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★★★★★
Amazing Personal Loan Plans through Policybazaar UAEI had a longstanding debt that literally took away most of my savings and income. Thankfully I came across Policybazaar.ae where I got a personal loan to settle my debts easily. Easy because this personal loan was quite easy to repay with pretty low interest rates compared to my earlier ones. Recommending Policybazaar UAE for their amazing plans and how they make you understand all important things about the plans.
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Jorawar singhDubai, November 18, 2022
★★★★★
Top Personal Loans Plans With a big question mark over the funds when I wanted to travel overseas, I wanted a personal loan. Thankfully Policybazaar UAE was there, as they made me understand all the things about this loan type. On their website I got the most relevant plan for my travel at nominal prices. Would recommend to everyone!
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★★★★★
Personal Loan in UAEEver since moving to my new home, its renovation was on my mind. Policybazaar.ae helped me get an excellent personal loan that I used to renvoate. The loan itself was easy to manage and I repaid it without compromising my family's needs. 10/10 recommended for everyone finding personal loans in UAE.
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★★★★★
Apply Personal Loan through Policybazaar UAEOnce I found out about my admission in an esteemed univeristy in France, the next step was to get the funds. Policybazaar UAE helped me get a personal loan in literally a few days and helped me achieve my dream education at affordable loan rates and good enough loan amount. Always grateful to Policybazaar UAE for this!
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Monowar HossenAjman, November 18, 2022
★★★★★
Get the Personal Loan in UAEI needed a personal loan to send my daughter abroad for further studies but was overwhelmed with the rising interest rates and low loan amount from the bank. I came across Policybazaar where I was able to look at loan features offered by other banks. I even received a call from their financial expert who helped me choose the best loan for my child’s studies.
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PB Fintech FZ LLC Office No. 1304, Al Shafar Tower 1, Barsha Heights (Tecom), Dubai, UAE. Phone​​: 04 247 2904

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