Unlock the door to your dream car with Finance House-Auto Finance 2023/2024 Features. Tailored to meet your specific needs, Finance House offers a comprehensive auto financing solution designed for both new and used vehicles. Benefit from competitive interest rates, flexible repayment plans, and a hassle-free application process. Finance House understands the excitement of owning a car, and their Auto Finance ensures that you can hit the road with confidence. Experience the convenience and reliability of Finance House’s Auto Finance as you embark on your journey towards car ownership.
Advantages of Finance House-Auto Finance 2024 Features
- Competitive interest rates of 7% flat p.a. for new cars and 8% flat p.a. for used cars.
- Comprehensive Auto Insurance starts at only 2.80%, inclusive of FREE personal accident coverage and FREE travel insurance for Schengen countries.
- Complimentary for life Credit Card.
Key Details
- Finance House extends loans for both new and used vehicles, providing flexibility for various preferences.
- The loan tenure for both new and used vehicles can extend up to a maximum of 60 months.
- Applicants must be residents with a valid UAE visa to be eligible for the loan.
- The loan amount ranges from a minimum of AED 15,000 to a maximum of AED 250,000.
- Eligibility spans from 21 years as the minimum age requirement to 60 years as the maximum age limit.
- For used vehicles, a minimum down payment of 20% is required, subject to Finance House approval, while for new vehicles, it is contingent on Finance House’s assessment.
Required Documentation
- Original passport and photocopy (with a valid UAE residence visa for expatriates).
- Copy of a valid driving license.
- Latest 3 months’ bank statements from the account where the salary is deposited.
- Current dated salary certificate from the employer.
