Auto loans

Privileges

• Financing up to JD 150,000
• Financing up to 100% of the estimated car value.
• Loan tenor up to 10 years including grace period
• Grace period up to 3 months
• Financing non- Jordanians,Expatrites,Car owners residents  is available
• Loan commission fees is 1% (only for the first year)

​Terms and Conditions

• Minimum loan amount is JD 3,000
• Minimum loan tenor is 12 months
• Minimum income is JD 250
• Maximum DBR is 50%
• Minimum age 20 years and not to exceed 70 years at the end of loan tenor
• Minimum working experience is 4 for employees of public sectors and accredited companies and one year for employees of non – accredited companies

​Documents Required

• 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

Note: The Bank has the right to request additional documents.