Finance House - Auto Finance

Finance House - Auto Finance

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Benefits:
• Interest rate for new cars- 7% flat p.a
• Interest rate for used cars- 8% flat p.a
• Comprehensive Auto Insurance starting at 2.80% only with FREE personal accident cover and FREE travel insurance for Schengen countries.
• Free for life Credit Card
• General Information:
• For new vehicles, the interest rate starts at 7% and for used vehicles, the interest rate starts at 8%.
• Finance House offers loans for new and used vehicles.
• The loan on both new and used vehicles can be obtained for a maximum of 60 months
• the person who is seeking the loan must be a resident with a valid UAE visa
• The minimum loan amount is AED 15,000/- and the maximum is AED 250,000
• The minimum age for getting the loan is 21 years and the maximum is 60 years
• For a used vehicle the minimum down payment is 20%. For new vehicles, it is subject to Finance House approval Required Documents:
• Original passport & photocopy (with valid UAE residence visa for expats)
• Copy of the valid driving license
• Latest 3 months’ bank statements of the account into which salary is transferred
• Current dated salary certificate from the employer

  • Business vehicle finance: No
  • Only for listed companies: No
  • Down Payment: 20%
  • Heavy vehicle finance: No

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