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Personal Loans

Personal Loans

Get a personal loan to meet your personal needs.

The personal loan from the Housing Bank allows you to meet your personal needs of all kinds at competitive interest rates with a set of privileges

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Privileges

  • Financing up to 70,000 JOD
  • Loan tenure up to 8 years
  • Grace period up to 6 months
  • Competitive interest rate
  • Free credit card issuance fees for the first year only
  • Loan commission fees 1% (only for the first year
  • Buy out loans from other banks for applicants with a monthly salary over 500 JOD

Terms and Conditions

  • Minimum loan amount is 3,000 JOD
  • Minimum loan tenor is 12 months
  • Minimum income is 250 JOD for the public sector and 350 JOD for the private sector
  • Maximum DBR is 50% and up to 60% for Social Security Retirees
  • Minimum age is 18 years and not to exceed 75 years at the end of the loan tenor
  • Minimum working experience is 4 months
  • Ability to finance Jordanians and non-Jordanians resident in Jordan
  • Only personal needs are allowed under this loan
  • Installment deferral fee amount is 10 JOD
  • Loan accounts will be transferred to non-performing loan account when payments of the interest or principal are past due by 90 days or more
  • Late payment penalty is 10 JOD due after 5 days of the payment maturity date for Salaried customers, and after 2 days for self-employed customers

Required documents

  • Valid national ID or valid passport for non-Jordanians
  • Latest Salary Slip
  • Social security subscription letter
  • Income verification letter
  • Bank statement for the last 6 months
  • Company registration certificate for entities, valid profession license, practice profession license, and association membership certificate

* The Bank has the right to request additional documents.

 

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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.

How to apply?

  • Fill the Electronic Application
  • Contact our Call Center (Iskan 24/7) at +96265200400, or the toll-free number 080022111
  • Visit the nearest branch

 

* For more information regarding APR, Click Here

*All applications are subject to Housing Bank terms and conditions.

Too Many Needs To Fulfill?

Pay off your needs and buy the things you`ve always wanted with our personal loan program. Apply now

Apply Now

FAQs about Personal Loans

-Tenor of loan up to 8 years including a grace period.

-Grace period up to 6 months.

-Competitive interest rate.

-Pre-approved credit card with free issuing fees for the first year.

-Life insurance coverage.

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