Finance House Credit Card Loan

What is a Finance House Credit Card Loan?

Finance House Bank credit card loan is an amount that the bank offers you against your credit card. The loan amount is based on the usage and available limit of the card. You can easily apply for a loan via both online and offline channels. Simply complete the application form and provide your  details, including the registered mobile number, required loan amount, monthly income and more to apply.

However, note that not all cardholders are eligible for this service. If you have a good credit history, the banks approve your application. You can choose instant cash, balance transfers, or Easy Cash. 

Types of Finance House Credit Card Loans

Here are the types of Finance House credit card loans that you can opt for–

• Instant Cash Loan
• Easy Cash
• Balance Transfer

Instant Cash Loan

Apply for an instant cash loan against your  credit card through online and mobile banking portals. This is an unsecured loan and needs no security or collateral in exchange. With this facility, you  can get the loan amount to meet your financial needs and repay the same conveniently  by converting it into monthly EMIs.The best part about this type of loan is that the cardmembers with a good credit report can get lower interest rates. 

Easy Cash

Log in to your online and mobile banking portals to apply for Easy Cash. With this facility, you can access  cash in advance of up to 90%of your available credit limit. You can use this amount to pay for your expenses and repay the same in up to 36 monthly EMIs at lower interest rates.

Balance Transfer

Balance transfer is a credit card loan type for easy credit card bill payments. You can opt for this  facility to consolidate and transfer your other bank credit cards’ outstanding amount to the Finance House credit card. 

How to Apply for a Loan Against Finance House Credit Cards?

The following are the channels to apply for a credit card loan.

• Bank’s Branch
• Online Banking
• Mobile Banking App
• Phone Banking
• Bank’s Website

Bank’s Branch

Visit your nearest  branch and get in touch with one of the officials. You don’t need to provide documents; however, show your identity proof along with a copy of your signature matching the one stored in the bank’s database. 

Online Banking

Sign in  to your online banking portal and apply for a credit card loan in just a few clicks. Fill out the online application form available in the credit cards section on the portal. Enter the necessary details and submit it. You may need toupload your identity proof and signature on the portal for verification. 

Mobile Banking App

Install and download the Finance House’s mobile app on your device. Register your account and sign in. From the credit cards section, find the loan application form. Complete the form with the correct details and submit it. Note that you would need to upload an identity proof and signature for application verification. 

Phone Banking

You can also contact the bank’s help and support desk to get the unique code for the chosen loan option. After you receive the code, send it to the bank’s SMS contact number from your registered mobile number. Await a response from the bank to know the further steps. Bank’s Website

Apply directly from Finance House’s official website. Find the relevant option from the credit card section and follow the on-screen process. 

Modes of Disbursal of Finance House Credit Card Loan

Here are the modes of disbursal of a Finance House credit card loan.

• Finance House Bank Account
• Cheque via Post
• ATMs/CDMs
• External Bank Account

Finance House Bank Account

Get the loan amount credited to your Finance House bank account. Provide your bank details in the application form.  It may take up to two working days from the date of approval to disburse the loan amountCheque via Post

Request the loan amount via a cheque. The bank will send a written cheque to your residential address. While filling out the form, you can mention the mode of disbursal in the application form itself. Alternatively, you may also collect the cheque in person from your branch.  ATMs/CDMs

Get the  loan amount added to your credit card limit and withdraw the same using your credit card at an ATM or a cash deposit machine. Such loans are called cash-in-advance loans. However, note that you may be charged an additional fee. 

External Bank Account

If you  do not have an active Finance House bank account, you can choose to receive the loan amount in an external bank account.  Make sure to mention bank account details in the application form. The bank may charge an additional fee for the loan transfer.

How to Repay Finance House Credit Card Loans?

Here are a few simple ways to repay your credit card loan–

• Bank Account
• Online Banking
• Mobile Banking
• Exchange House
• Bank’s Branch

Bank Account : Sign in to your bank account. Add the loan account number as a beneficiary and set up standing instructions for automatic payments. This way, you don’t have to manually pay your monthly instalments. . You can follow the same process via an external bank account. 

Online Banking : Pay the loan instalments through the internet banking facility. Add the loan account number as a beneficiary for quick repayments. Follow the on-screen instructions to pay the instalment. Mobile Banking

Log in to the Finance House app. Navigate to the credit card section and make an instant payment.Exchange House

Select your nearest exchange house and contact one of the representatives to make the payment via cash or cheque. You will receive a receipt once the payment is done. 

Bank’s Branch : Visit your nearest branch of Finance House and  get in touch with one of the representatives. Make the payment and collect the receipt.  

Other Banks Credit Card Loan

Credit Card Loan
RAKBANK Credit Card Loan	ADCB Credit Card Loan
ADIB Credit Card Loan	DIB Credit Card Loan
Ajman Credit Card Loan	Emirates NBD Credit Card Loan
FAB Credit Card Loan	HSBC Credit Card Loan

FAQ's on Finance House Credit Card Loans