Finance House Gold Loan offers up to AED200,000 against pledged gold
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Finance House is offering customers access to financing of up to AED200,000 against the assessed value of their gold, allowing them to secure funds without selling the asset.
The Finance House Gold Loan is designed for customers facing immediate or temporary financial needs who want to retain ownership of gold that may hold personal, family or long-term financial value.
The amount available depends on the assessed value of the gold pledged by the customer.
Finance House said funds can often be disbursed within 24 hours, subject to the applicable requirements, terms and conditions.
The application process requires minimal documentation, reducing the time customers need to spend on lengthy procedures.
Secure storage
Gold pledged under the facility remains securely stored throughout the financing period.
Once the facility has been fully settled, customers can reclaim their gold.
The arrangement allows individuals to access the current value of the asset while retaining the opportunity to keep it for the future.
Repayment options
The product includes flexible repayment options and a grace period of up to two months before repayments begin.
Finance House said these features can support customers who require temporary liquidity without immediately selling their gold.
Customers can obtain further information about the Gold Loan and its detailed terms and conditions by visiting www.financehouse.ae or calling 600 511114.