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Bank of Jordan - Personal Loan

Reducing Rate
7.01%
Max. Financed Period
8Yrs
Min. Monthly Income
200JD
Max. Financed Amount
70,000JD
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • Loan limit up to 70،000 JOD
  • Easy installments up to 96 months
  • Life insurance
Main Features
  • Competitive reducing interest rate starting at 7.01%
  • The nominal interest rate may vary depending on the salary and the company's accreditation with the bank
  • Possibility of postponing your installments
  • A pre-approved credit card is exempt from issuance fees
  • The possibility of granting personal loans mortgage of the real state/car at competitive interest rates
  • Possibility to purchase existing loans from other banks, with exemption from grant commission

Conditions

  • The program includes resident Jordanians: public sector employees, retirees, military personnel, the private sector, international workers and Professionals.
  • The loan applicant must be at least 21 years old, and must not to exceed 70 years at the expiration of the loan
  • Salary transfer to the bank.
  • A one-time-only 1% commission to be charged in advance
  • The offer is subject to the bank's terms and conditions

Sources

Required Documents
  • Valid identification document.
  • Original bank statement for the last 6 months.
  • Proof of income.
  • Documents related to the real estate/car in cases where grants are secured by mortgage of a real estate/car.
  • Any additional documents that the Credit Company may need