Own any car that suits your lifestyle, you can now easily own any car you want within convenient terms.
Car Loans Features:
- No need for a guarantor.
- Vehicle age can reach up to 15 years at the end of the loan term.
- Free Debit card and Electronic services.
- Credit Card free of registration charges for the first year.
- Life insurance.
Car Loans Conditions:
- Firstly, Minimum Period of Employment for Private Sector: 12 Months, Public Sector: 3 Months (must be a permanent employee), Professionals and self-employed individuals: 24 months, and banking with us for at least 12 months.
- Secondly, Maximum Term 84 months for salaried customers and 60 months for professionals and employees without transferred salaries.
- Also, a Minimum Transferred Salary for Private Sector: 300 JOD, Public Sector: 200 JOD, Professionals and self-employed individuals: 2000 JOD.
- A Maximum Debt Burden Ratio is 45% for employees and 50 % for Professionals and self-employed individuals.
- 75,000 JOD Maximum loan value.
- 100% Financing for new cars and 80% for used cars.
- The client must be above 21 years old and under 65 at the end of the loan term.
- Must not be listed on any official Blacklist.
- Finally, Car and insurance policy in the benefit of the bank.
- A valid national identification card (Jordanians).
- A valid passport and residency permit (non-Jordanians).
- Documented proof of income: Salary Certificate and salary slip of the last month
- Bank statement of the last 6 months.
- Social Security statement.
- Final price listing of the new car from the dealership.
- Used car appraisal from an assessor recognized by the bank.
* The bank reserves the right to ask for further documents if necessary.