What You Gain

What You Gain

What You Gain

What You Gain

What You Gain

What You Gain

Looking for a complete financial solution for your family? The My Family Loan provides flexibility in customizing your loan amount, consolidating existing loans and more:

Looking for a complete financial solution for your family? The My Family Loan provides flexibility in customizing your loan amount, consolidating existing loans and more:

Looking for a complete financial solution for your family? The My Family Loan provides flexibility in customizing your loan amount, consolidating existing loans and more:

Looking for a complete financial solution for your family? The My Family Loan provides flexibility in customizing your loan amount, consolidating existing loans and more:

Looking for a complete financial solution for your family? The My Family Loan provides flexibility in customizing your loan amount, consolidating existing loans and more:

Looking for a complete financial solution for your family? The My Family Loan provides flexibility in customizing your loan amount, consolidating existing loans and more:

Option to increase your loan amount after making at least 6 consecutive monthly payments.
Option to buy out loans from other banks, with the ability to top up based on the couple’s combined income and debt-burden ratio.
Free debit card issuance and access to online banking services.
Life insurance coverage for the borrower under the bank’s approved group life policy.

Eligibility Criteria

Eligibility Criteria

Eligibility Criteria

Eligibility Criteria

Eligibility Criteria

Eligibility Criteria

Make it easy! We offer unparalleled benefits tailored to your financial situation so you can simply enjoy your new vehicle search!

Make it easy! We offer unparalleled benefits tailored to your financial situation so you can simply enjoy your new vehicle search!

Make it easy! We offer unparalleled benefits tailored to your financial situation so you can simply enjoy your new vehicle search!

Make it easy! We offer unparalleled benefits tailored to your financial situation so you can simply enjoy your new vehicle search!

Make it easy! We offer unparalleled benefits tailored to your financial situation so you can simply enjoy your new vehicle search!

Make it easy! We offer unparalleled benefits tailored to your financial situation so you can simply enjoy your new vehicle search!

Both spouses must be at least 21 years old, with a maximum age of 65 at the time of application.
Loan Amount: Minimum JOD 1,000, maximum JOD 100,000.
Repayment Term: Minimum 12 months, maximum 96 months.
Combined minimum income of both spouses: JOD 400.
Maximum debt-burden: 50%.

Required Documentation

Required Documentation

Required Documentation

Required Documentation

Required Documentation

Required Documentation

Proof of Income: Salary certificate and payslips for the last 6 months.
Bank statement for the last 6 months.
Social security statement.
Proof of identity (national ID) for both spouses.
Copy of marriage certificate or family register.
Salary transfer letter for both spouses from their employers.
CriterionValueNotesExplanations
Nominal Interest Rate12.00%JODIBOR + MarginInterest rate is derived from the pricing list for retail loans
Loan Amount8,874JODThe requested loan amount
One-Time Fees and Expenses0.00%JOD (flat)One-time fees and expenses, such as granting fees and loan disbursement expenses. For example: a 1% flat fee for a loan equals (10,000 * 1% = 100) + 10 JOD for loan disbursement expenses
Repayment Period96 monthsInstallments/MonthsThe total number of installments required
Insurance Expenses4JOD monthlyMonthly expenses charged post-payments
Total Loan Value by End of Term14,230JODTotal loan value, including interest, fees and expenses, calculated automatically
13.594%Effective APR