Safwa Islamic Bank - Personal Loan for Private Sector (Up to 5 Years Financing)

Reducing Rate
7.4%
Max. Financed Period
5Yrs
Min. Monthly Income
400JD
Max. Financed Amount
75,000JD
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • Interest Rate Equal to 4.0% Flat Rate
  • Sharia-compliant
  • Company must be accredited by the bank
Main Features
  • Financing up to 7 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
  • Family book (solar cell systems and solar water heaters)
  • A new property registration deed (to finance the solar cell system)
  • Details of the real estate/car/goods to be purchased
  • Salary transfer is required except for land financing
  • 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