Rising rents with just one or two huge payments is tough to handle. We understand. That's why Barclays now presents to you Rent Finance*. You can enjoy this unique opportunity to pay your rent on a monthly basis and budget your finances better with a loan that is easy and convenient. Keeping this in mind, just make one extra instalment during the first month and enjoy paying your rent in monthly instalments for the next 12 months. Also, we will deliver a cheque for the lump-sum rental amount to your landlord directly, whenever you want and whereever you wish.
For your comfort, we have a team of professional Personal Financial Advisors who are always happy to help you. Just pick a place and time and we will come to you. Even if you have just come to the UAE** or recently changed jobs, ask your Personal Financial Advisor on how you can apply for Barclays Rent Finance.
Apply for Rent Finance now: You can get this loan without transferring your salary or opening a deposit account with Barclays!
Product Features
- Loan Amount
-
- 100% of the Tenancy Contract amount.
- Tenure
-
- Your Personal Financial Advisor will come to you to discuss your requirements at a location of your convenience.
- Optional hassle-free insurance cover, without any additional documentation***.
- We will deliver the rent as a lump-sum payment on your behalf to your landlord, and you can pay Barclays as if you were paying your rent on monthly basis.
- You don't have to worry about monthly instalment payments, simply give us post-dated cheques or, if you have an account with Barclays, you can give instructions to debit your account and we will take care of the rest.
| Minimum Rental Amount: |
AED 20,000 |
- Agreement/Application for Rental Loan
- Passport Copy with valid residence visa
- Current Salary Certificate
- Latest Three months' Bank Statements
- Copy of the Tenancy Contract (in applicants name)
- Two undated security cheques, post-dated re-payment cheques and a
payorder for fees and charges
- Booking receipt
- * Terms and Conditions apply.
- *Subject to approval. Terms and Conditions for Rental Loans apply
- **Employment Visa required
- ***Insurance will be provided by a third-party provider.
