Finance House Personal Loan

Finance House PJSC was founded in Abu Dhabi Emirate of the UAE in the year 2004. The company has its head office in Abu Dhabi and has branches in Sharjah and Dubai.

The main services offered by the financial institution are commercial finance, consumer finance, and proprietary investing. 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.

Keeping in mind the various financial expectations of the different applicants, Finance House offers Executive Finance at low rates of interest and flexible repayment tenure. Available for both UAE nationals and expats, it can be used to meet various individual financial needs.

Features and Benefits of Finance House Personal Loan

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.


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


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.

Eligibility and Documents Required for Finance House Personal Loan

Eligibility Criteria

Category Details
Age Criteria Minimum- 21 yearsMaximum- 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 IndividualEmployed 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)

Interest Rates on Finance House Personal Loan

The Finance House Personal Loan charges a low reducing interest rate starting at 12.99 percent.

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 percent on the outstanding balance.

Q8- Do I have to pay any processing fee?

Ans: Yes. You will be charged a processing fee of 1 percent 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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