Arab Bank - Home Improvement Loan

Reducing Rate
7.99%
Max. Financed Period
10Yrs
Min. Monthly Income
400JD
Down Payment
15%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • For Public & Private Sector Employees
  • Salary Must be Transferred
  • No Accreditation Needed for the Private Sector
Main Features
  • 85% Financing if the amount is less than 100,000 JDs
  • 75% Financing if amount is 100,000 - 200,000 JDs
  • Min. Financed amount 5,000 JDs
  • Max. financed amount 200,000 JDs
  • Financing up to 10 years
Required Documents
  • Valid national ID (for Residents) or valid passport with valid Resident visa (for Non-Residents)
  • Recent utility bill in the name of the client e.g. electricity, telephone, or rental contract
  • Latest Salary/Income/Employment verification document
  • Property purchase and sales agreement/contract
  • Ownership certificate of the financed property
  • Proof of Down payment
  • Bank statement