Personal Loan against salary transfer

Benefits
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  • Loan tenor is up to 96 months.
  • Loan amount can go up to JOD 150,000 for Private and Public Sectors
  • Buy out loans facility is available.
  • Free card issuance fee for the first year.
  • Insurance on life and total disability.
  • Guarantor is not required.
  • Competitive interest rates.
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Conditions
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  • Armed Forces and Air Forces ranked lieutenant, and holds a university degree, and age less than 31 years or holds a higher rank.
  • ​Secret Intelligence Department: Rank lieutenant and higher.
  • Public Security Directorate, with minimum salary JOD 500, and rank higher than lieutenant.
  • Social Security Retirees (Civil / Military).
  • Applicants to be fully eligible with a good reputation and track record.
  • Applicants not to be blacklisted
  • Applicants not to have any past dues related to previous loans at time of lending.
  • Applicants need to apply for the loan directly through the bank's branches or the sales team.
  • Salary transfer is required.
  • Minimum age for the applicant should not be less than 21 years old.
  • Maximum age for the applicant, from private and public sectors, at loan maturity is 70 years. Public sector employees should a have a sufficient contribution to social security (not less than 180 contribution), upon retirement.
  • Minimum monthly net salary should not be less than JOD 500 for public sector (Armed Forces /Air Forces/Military Retirees/ Public Security Directorate/ Secret Intelligence Department), not less than JOD 400 (Ministries /Other Public Sector employees / Social Security Retirees/ Civil Retires).
  • Minimum monthly net salary should not be less than JOD 350 for private sector from the bank’s accredited companies list and JOD 500 for non-accredited companies.
  • Minimum length of service should not be less than 6 months for public and private sectors and for members of the armed forces, air forces, Public Security Directorate, and secret intelligence department is 1 year.
  • One-time processing fee (1% of the loan amount).
  • Early settlement fee of 1% of the settled amount in case the remaining payments are more than 12 payments.

Required Documents​


  • Photocopy of valid ID.
  • Salary pay-slip for the recent month/ salary certificate where the date and the type of employment are indicated.
  • 6 months bank statement.
  • Family notebook for joint borrowers.

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