Safwa Islamic Bank - Car Financing for Private Sector

Flat Rate
2.99%
Max. Financed Period
5Yrs
Min. Monthly Income
400JD
Down Payment
10%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • Min salary 500 JDs for Non-Accredited companies
  • 3.5% Interest if Tenure is 5 - 7 Years
  • Financing up to 90%
Main Features
  • Salary must be transferred
  • Financing new & used 
  • Max. used car age 12 years
  • Free life and total disability Takaful insurance
Required Documents
  • A valid national ID for Jordanians and a passport for non-Jordanians
  • Bank account statement
  • Details of the real estate/car/goods to be purchased
  • For salaried employees: A recent proof of monthly wage, a recent salary slip
  • For professionals: A recent professional license, proof of professional practice, syndicate membership
  • For freelancers: A recent professional license, commercial record
  • For Jordanians living abroad: certified proof of salary
  • For non-Jordanian residents: Valid residency for no less than 3 years, security clearance