Bank of Jordan - Car Loan for Public Sector

Flat Rate
3.66%
Max. Financed Period
8Yrs
Min. Monthly Income
200JD
Down Payment
0%
Guarantor Required
No
Salary Transfer
No
Quick Info
  • Min. salary of 500 JDs for Non-Transferred Salaries
  • 100% Financing for Transferred Salaries or New Cars
  • Loan Tenure of 5 Years if Financing is less than 100%
Main Features
Interest Rates
  • 3.66% if financing is 100%
  • 3.80% if financing is 70%
  • 4.0% if financing is 50%

Features
  • Financing new & used cars
  • Max. used car age 12 years depending on car model
  • Finance more than one car
  • Preapproved credit card
  • Free life insurance
Required Documents
  • Valid ID
  • Official quotation from a licensed dealership for new cars
  • Diagnostic evaluation report issued by a BOJ approved entity for used cars
  • Copy of the car license for used cars
  • Comprehensive insurance documents
  • Bank account statement covering the last 6 months
  • Proof of income