fbpx
Car Loans

You can listen to this article by using any hearing aid tool

Car Loans – Own any car that suits your lifestyle

You can listen to this article by using any hearing aid tool

Car Loans – Own any car that suits your lifestyle

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 7 years at the end of the loan term.
  • Free Debit card and Electronic services.
  • A credit card exempts from issuance fees for the first year ( if applicable)
  • Life insurance coverage during loan life within accepted internal insurance agreement.

Car Loans Conditions:

  • Minimum Period of Employment:

-For public sector 3 months

-For private sector 12 months

-For Professionals and self-employed individuals 2 years

  • minimum loan tenure 12 months for used and new cars
  • maximum loan tenure :

-For new cars up to 6 years

-For old cars up to 5 years.

  • Also, a Minimum Transferred Salary for Private Sector: 400 JOD, Public Sector: 200 JOD, Professionals and self-employed individuals: 1000 JOD.
  • Maximum Debt Burden Ratio is 55%
  • Maximum loan amount up to 100,000 JOD for new cars and 75,000 JOD  for used car.
  • finance rate up to 100% for new cars & 90% for used car.
  • Minimum age 21, and maximum 65
  • Customer’s name must not be listed on any official blacklists

Required Documents:

  • 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 6 months
  • Bank statement for last 6 months  for salaries & 12 months for self- employed.
  • Social Security statement.
  • Price offer for new cars from the dealership.
  • For used cars must be evaluated form a certified inspection technical center.

* The bank reserves the right to ask for further documents if necessary.

[shmac_calc_sc allowoverrides="enable" bg_color="#ffffff" calctitle="Auto Loan Calculator" defaultinterest="8"]

You can also Read: Zero Interest

Skip to content