Explore seamless loan options from the comfort of your home! Housing Bank has launched its new instant loan service that allows you to apply and receive your loan within minutes via Iskan Mobile! Enjoy a convenient and efficient solution for your financial needs, with a loan amount up to JOD 20,000 and a two-month grace period.
Key Advantages
- Seamless application process
- No documentation required
- Flexible loan amount and duration
- Instant loan disbursal without branch visitation
How to Apply:
- Login to “Iskan Mobile” to navigate to the “Loans” tab and click on “Apply for Instant Loan”
- Agree to the Terms and Conditions
- If eligibility criteria is met, choose the desired loan amount and tenure
- View your monthly payment schedule and select the disbursal account
- Review the contract and confirm your instant loan details
- Download your instant loan contract anytime
Eligibility Criteria
- Minimum loan amount of JOD 1,000
- Maximum loan amount up to JOD 20,000
- Minimum loan tenure of 12 months inclusive to the grace period
- Maximum loan tenure up to 96 months including the grace period
- A monthly income exceeding 350 JOD, or 500 JOD and above for retirees of the Social Security Corporation
- Maximum Debt Burden Ratio (DBR) of 45%
- The customer must be at least 18 years old and not exceed 60 years old by the end of the loan term
- 1% loan commission fees subjective to one time use only for the first year
- A minimum salary transfer period of 6 months to the bank
- The campaign is dedicated to existing customers whose salaries have already been transferred, those with a previous credit relationship with the bank who are committed to repayment, or those with an existing loan who wish to obtain a new loan without restructuring the current loan, in accordance with the granting policy
- The campaign is valid until 31/12/2025
- Interest on the loan will be calculated during the grace period
- Terms and Conditions apply
