CAB - Used Car Loan (up to 10 years old cars) for Private sector employees (No Salary Transfer)
Flat Rate
5.98%
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
