Kuwait Finance House (KFH) customers benefit from KFH-Pass service that allows customers to postpone one of their installment payments.
KFH designed this service to facilitate the needs of customers and their lifestyle. By applying for a personal finance, customers can choose a month in a year to postpone a payment.
Through KFH- Pass service, customer can schedule one monthly installment after completing the transaction via KFHOnline or the mobile app.
This service gives customers more flexibility in changing the month they wish to postpone their installments during the financing period according to their personal needs.
The goal of KFH Pass service is to provide more flexibility to customers to relieve them from the burden of their other monthly expenses, such as school payments, summer travel season, etc.
The service also helps customers to meet their other emergency financial obligations when needed, easily postponing the date of installments due without the need to visit the bank branches.
Customers can select the expected postponement months when applying for funding. In doing so, the total funding period should not exceed the maximum repayment periods set by the regulators, 60 months for the consumer financing or 180 months for the housing financing.
Customers are entitled to choose the deferred month each year with a maximum of 5 months for consumer financing and 15 months for housing financing.
KFH-Pass service is available to KFH customers who have a regular salary transfer at the bank, when requesting new consumer or housing financing, starting from the launch date of the service.
KFH is keen to provide its customers flexible, secure and convenient banking and financing services in accordance with the highest standards of service quality.