How long is the Auto loan tenor repayment period?
Can I get an auto loan with minimal documents? Get financing up to 80% of the car’s value with a minimal documentation financing program:
- Valid Smart ID card
- For foreign residents in Jordan (non-Jordanians): valid proof of identity (passport) and a valid residence permit
- Clear proof of the borrower’s address
- Completion of a written income declaration, including disclosure of any other financial obligations beyond the bank’s standard inquiries. These must be clearly stated in the declaration, ensuring the debt burden complies with applicable regulations
- Salary certificate for the most recent month for clients with both transferred and non-transferred salaries. For clients with registered freelance income, professionals, artisans, and companies registered outside Jordan (both Jordanian and non-Jordanian clients), a bank statement for the last six months is required, in accordance with the product definition. This also applies to non-transferred salaries and rental income
- Signature authentication of authorized signatories from other banks (A, B) on the account statement must be conducted by the bank. Exemption from this requirement is only granted if a QR code is provided on the statement
What is the maximum amount of Auto Loans financing I can get? Financing can reach 150,000 JOD.
What is the minimum income to get the Auto loan? The minimum income required to get an auto loan is 350 JOD
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