Retail Loans

Retail Financing Segment

The Retail Financing Segment is served through a variety of products designed to improve the living standard of the average unbanked citizen. Through this segment, we provide personal, educational and group financing products to cover the necessities of a sustainable life for all individuals.

All financing products are tailored to make living expenses easier for our clients. Tamweelcom offers competitive administrative rates along with flexible payment plans to ensure that clients are not burdened with the financing they receive. 

TYPES OF RETAIL LOANS:

Home Improvement Loan
Financing home rehabilitation, buying furniture and home appliances.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 300-1,500 JOD
    Loan Term 12 - 20 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD of each 1000 JOD or less than 1000 JOD
    Penalties 0.5 JOD per each day delay
    Added Value Services Aman Insuranc: Life, and total and partial disability free insurance
    Sanad Insurance: Compensation due to loss of client's income during hospitalization
    Payment Channels Tamweelcom Branches
    E-fawateercom service
    Required Documents Personal ID Card
    Family members ID card
    Other documents might be requested according to the purpose of loan
Group-Mix Loan
Financing a group of women, from 2 to 7 members, to establish or/and develop a home based business.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 200-800 JOD
    Loan Term 12 - 15 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 0.5 JOD for each member
    Penalties 0.5 JOD per each working day delay
    Added Value Services Aman Insuranc: Life, and total and partial disability free insurance
    Sanad Insurance: Compensation due to loss of client's income during
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents Personal ID Card
    Family members ID card
    Other documents might be requested according to the purpose of loan
Car Licensing and Maintenance Loan
Financing licensing, insurance and/or maintenance for both private and public transportation vehciles.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 300-1,000 JOD
    Loan Term 3-15 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD of each 1,000 JOD or less than 1,000 JOD
    Penalties 0.5 JOD per each day delay
    Added Value Services Aman Insuranc: Life, and total and partial disability free insurance
    Sanad Insurance: Compensation due to loss of client's income during
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents Personal ID Card
    Family members ID card
    Car license
Educational Loan
Financing for studying and enrolling in a school, university, college, specialized course, vocational education courses, postgraduate studies, and purchasing equipment and materials needed for studying.
Feature
  • Pricing/Monthly 1.5% for financing between 300-2,000 JOD
    1.25% for financing between 2,001-4,000 JOD
    Loan Amount 300-4,000 JOD
    Loan Term 4-36 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD for each 1,000 or its fraction
    Penalties 0.5 JOD per each working day delay
    Added Value Services Aman Insuranc: Life, and total and partial disability free insurance
    Sanad Insurance: Compensation due to loss of client's income during
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents Personal ID Card
    Family members ID card
    Student proof
    Other documents might be requested
Marriage Loan
Financing for marriage ceremony needs and couple preperations.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 500-3,000 JOD
    Loan Term 12 - 24 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD of each 1,000 JOD or less than 1,000 JOD
    Penalties 0.5 JOD per each day delay
    Added Value Services Aman Insuranc: Life, and total and partial disability free insurance
    Sanad Insurance: Compensation due to loss of client's income during
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents Personal ID Card
    Family members ID card
    Other documents might be requested according to the credit policy
Health Loan
Financing health medication including teeth, surgery operations, medical equipment and artificial limbs.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 300-1,500 JOD
    Loan Term 12-20 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD of each 1000 JOD or less than 1000 JOD
    Penalties 0.5 JOD per each day delay
    Added Value Services Aman Insuranc: Life, and total and partial disability free insurance
    Sanad Insurance: Compensation due to loss of client's income during
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents Personal ID Card
    Family members ID card
    Other documents might be requested according to a certain medical case.