Housing Bank - Car Loan for Non-Transferred Salaries
Flat Rate
4.5%
Max. Financed Period
10Yrs
Min. Monthly Income
250JD
Down Payment
0%
Guarantor Required
No
Salary Transfer
No
Quick Info
- Min. Salary 250 JDs for Public Sector & 350 JDs for Private Sector
- 100% Financing for New Cars & 90% for Used Cars
- Financing up to 10 Years
Main Features
- Max. used car age 10 years
- Grace period up to 3 months
- A credit card with free issuance fees for the life of the loan.
Conditions
- Minimum loan amount is JD 3,000
- Minimum loan tenor is 12 months
- Maximum DBR is 50%
- Minimum age 20 years and not to exceed 70 years at the end of loan tenor
- Minimum working experience is 3 months (public sector), 6 months (private sector)
- The offer is subject to the bank's terms and conditions
Required Documents
- Valid national ID or valid passport for non-Jordanians
- Income verification letter, latest salary slip, Bank statement for the last 6 months
- Social security subscription letter
- Company registration certificate for entities, valid profession license, practice profession license, and association membership certificate
- Car appraisal
- Car license
- Final selling price offer
