ExecLoan - FAQ

The platform connects employees of our partner corporates with our partner financial institutions in order to facilitate loan requests at attractive terms
An employee may request facilities such as housing loans, personal loans, leasing facilities and/ or credit cards

Easy access, digitally to multiple banks (request for Loans)
Comparison tables to help employees select suitable bank product/ s
Get a loan in 3 steps: online request form, connect with multiple banks, get the loan!
Attractive terms

Employees of our partner corporates can request a loan/ credit card from partner financial institutions
Minimum age to apply is 18 years

If your company is not onboarded to the platform, you can ask your company to connect with us on +94 779 808 225 or email [email protected] and we will assist the corporate with the onboarding

Click “Request a Facility” button, select the facility type, and complete the simple online request form with your details
- Please enter your corporate email address, in order to verify that you are an employee of a partner corporate
You can request loans from up to 3 financial institutions (FIs) and your loan request will be assessed in sequential order by each FI. What this means is that FI number 1 will be the first to assess your request and if it is rejected, your request will be sent to FI number 2 for assessment and so on.
You can request credit cards from up to 3 financial institutions (FIs), simultaneously

NO, we do NOT engage in request evaluation
The information you submit would be sent directly to the financial institutions (FI s) you select
If your request is shortlisted by the FI, you would receive a communication from them along with their documentation requirements for further evaluation

Your loan/ credit card request would be evaluated by the Financial Institutions (FI) as selected by you and would be subject to their respective policies
Approval or rejection of your facility request would be at the complete discretion of the respective FI
In the event your facility is approved, the FI will notify you directly. The particulars of your facility, including (without limitation), the final interest rate, monthly installment, repayment period, security, credit card limit etc would be communicated to you directly by the FI along with any other terms and conditions governing the facility will also be notified to you by the FI.

PLEASE NOTE: All timelines are indicative only and no reliance should be placed on the Turn Around Times (TATs) set out below.
It may take the Financial Institution (FI) 3 -5 working days for the FI to initially respond to you.
If your facility request is shortlisted, it may take the FI 5 -7 days working days for the FI to complete the assessment after you have submitted all the requirement documents directly to the FI
Above TATs are FI specific, and may vary between FIs

Yes you may re-apply with new Financial Institutions (FI s) other than the ones you applied initially
If you want to apply to the same FI s, we recommend you apply after 6 months

We will maintain a record of the information you submit for the purposes of facilitating your loan/ credit card request. Your information would also be shared with the financial institutions (FI s) you select in the request form. The FI may verify your information with relevant 3rd parties in order to validate your request

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