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Instant loan

Instant loan

Allows you to apply and receive your loan within minutes

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.

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
  • Income greater than JOD 500
  • Maximum Debt Burden Ratio (DBR) of 45%
  • Applicants must be aged between 25 and 55 years old at the end of the loan tenure
  • 1% loan commission fees subjective to one time use only for the first year
  • Minimum salary transfer tenure is 12 months
  • The campaign is dedicated to existing customers and those who have previously transferred their salaries and have an existing credit relationship with the bank
  • The campaign is valid until 31/12/2024
  • Interest on the loan will be calculated during the grace period
  • Terms and Conditions apply
Loans Calculator
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*The applicable interest rate on the calculator is the lowest rate within the product segments.

*The interest rate depends on the income amount, source of income, financing ratios, and customer’s classification. 

*The information mentioned above is for illustrative purposes only and shall not be considered final. For more information, please contact our call center (Iskan 24/7) at: +96265200400, or the toll-free number 080022111 or visit your nearest branch.

*For more information regarding the available interest rate and classifications in the Bank, please click here.