Best Personal Loans in Jordan for Private Sector (November 2021)

Nov 23, 2021 by AmwalCom

Not all that glitters is gold... A saying that may be relevant if you are looking for the best personal loan for private-sector employees in Jordan, as the interest rate announced may not be the same when you visit the bank. Of course, this is due to several reasons, the most important of which is the value of your salary and the company's accreditation with the bank

We show you the top 5 personal loans for the private sector for this month (November 2021) for salaries less than a thousand dinars

1- Al-Rajhi Bank

Interest equivalent to 6.47% reducing (3.5% fixed): You should note here that this percentage is valid for financing less than 3 years. If you want the financing to last more than 3 years, you must go to the following options in this list. This financing is only for employees of companies approved by the bank and requires your salary to be transferred to the bank

2- Arab Jordan Investment Bank

6.5% decreasing interest and a financing period of up to ten years. This percentage is only for employees of companies approved by the bank. The Arab Jordan Investment Bank can finance you if your company is not approved, but be aware that the interest will rise to be starting from 7.25%. This loan requires a salary transfer to the bank

3- Bank of Jordan

Reducing interest starting from 6.66% and financing up to 8 years. The Bank of Jordan does not finance employees of companies that are not approved by the bank, and the interest may rise according to your credit status. The bank also requires the transfer of your salary to obtain financing.

4- Arab Bank

Interest of 6.75% decreasing for salaries more than 700 dinars with financing up to 10 years and 7% decreasing interest for salaries less than 700 dinars with maximum financing of 8 years. Salary must be transferred to the Arab Bank, and employees of companies that are not approved by the Bank are not financed. It is important to mention that the interest becomes 6.5% if the customer is less than 25 years old

5- Al Ahly Bank

7% reducing interest and financing up to 10 years. Your salary must be transferred to the National Bank, and employees of companies that are not approved by the bank are not financed

To compare all personal loans in Jordan click here

All offers are subject to the terms and conditions of the banks

This article is not sponsored by any party

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