Best Land Loans in Jordan (May 2021)

May 11, 2021 by AmwalCom

Like everyone else, you must have a list full of wishes like succeeding, winning your dream home, or even investing in a piece of land which you can sell later for 10 times its original price.

What some people might not know is that some Jordanian banks offer property loans specifically designed to buy lands. In this report, we present to you the best land loans in Jordan. As with the other housing loan offers, these banks usually ask for:

1. A salary transfer if you are an employee
2. A DBR of 50%
   
3. Your company to be accredited by the bank if you are a private sector employee
   

Best Land loans in Jordan are:

1- Jordan Kuwait Bank:

• Interest Rate: 5.75%
• Financing up to 80% of the land amount
  
• Financing period: up to 30 years
  
• Min. Salary: 300 JDs
  

2- Al-Rajhi Bank:

• Interest Rate: 5.75%
• Financing up to 60% of the land amount
  
• Financing period: up to 10 years
  
• Min. Salary: 300 JDs
  

3- Bank Al Etihad:

• Interest Rate: 7%
• Financing up to 80% of the land amount
  
• Financing period: up to 20 years
  
• Min. Salary: 350 JDs
  

4- Societe Generale

• Interest Rate: 7%
• Financing up to 80% of the land amount
  
• Financing period: up to 30 years

5- Capital Bank:

• Interest Rate: 7.25%
• Financing up to 70% of the land amount
  
• Financing period: up to 15 years
  
• Min. Salary: 400 JDs
  

6- Safwa Islamic Bank:

• Interest Rate: 7.5%
• Financing up to 70% of the land amount
  
• Financing period: up to 20 years
  
• Min. Salary: 350 JDs
  

7- Arab Bank:

• Interest Rate: 7.75%
• Financing up to 70% of the land amount
  
• Financing period: up to 10 years
  
• Min. Salary: 400 JDs
  

8- Jordan Commercial Bank:

• Interest Rate: 8.25%
• Financing up to 70% of the land amount
  
• Financing period: up to 15 years
  
• Min. Salary: 350 JDs
  

** to compare between land loans in Jordan click here
** These offers are subject to banks’ terms and conditions
**This article is not supported by any party