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CAB - Used Car Loan (up to 10 years old cars) for Private sector employees (No Salary Transfer)

Flat Rate
5.82%
Max. Financed Period
7Yrs
Min. Monthly Income
350JD
Down Payment
15%
Guarantor Required
No
Salary Transfer
No
Quick Info
  • Financing up to 85%
  • Repayment up to 84 months
  • Comprehensive Auto insurance required
Main Features
  • Debit burden ratio (DBR) up to 50%
  • No guarantor
  • Must mortgage vehicle against loan amount
  • Comprehensive Auto insurance
  • Max. financing amount 50,000 JD
  • If private sector company is not listed then minimum monthly income is 500 JD
Required Documents
  • A valid identification document of the borrower
  • Bank statement for the last 6 months
  • Last Salary Certificate
  • Social Security Statement