RETAIL LOANS

Retail loans are designed to provide clients with financing for the necessities of a sustainable lifestyle of the target audience

Individual loans

  • AMOUNT Loan Amount : 300 – 2,000 JOD
  • INTEREST_RATE Annual interest rate : 18.00 % - 22.80 %
  • TERM Loan Term : 6 - 24 Months
  • SEGMENT Loan Segment : Individuals

Group Loans

  • AMOUNT Loan Amount : 200-1,200 JOD for each member
  • INTEREST_RATE Annual interest rate : 18.00 % - 22.80 %
  • TERM Loan Term : 12 - 18 Months
  • SEGMENT Loan Segment : Individuals

Education finance - Joramco

  • AMOUNT Loan Amount : 20,000 JOD (maximum client’s total debt balance)
  • INTEREST_RATE Annual interest rate : 0.00 % - 12.00 %
  • TERM Loan Term : 6 - 120 Months
  • SEGMENT Loan Segment : Student & parents of students

* Includes all persons between 18-65 years, males and females,  as long as they are in full legal capacity and in line with the company’s policy and provisions.
* Loans are applicaple for Jordanians and people from Gaza according to the related policy 
* All kind of loans are subject to Stamps Fees Law and Sales Tax Law.
* Includes all persons as long as they are in full legal capacity and in line with the company’s policy and provisions.
* The company is obliged to grant funding only for legal purposes, and the fund is not granted for any kind of illegal purposes or purposes that entail environmental and social impact.
* Terms and conditions apply.

Certificate of no liabilities– client or guarantor (addressed to the applicant)

JD 1

Certificate of no Liabilities– Client or Guarantor (addressed to banks or any finance party)

JD 5

Certificate of a current client or a current guarantor (addressed to the applicant)

JD 1

Certificate of a current client or a current guarantor (addressed to banks or any finance party)

JD 5

Statement of Account (no sealed or signed)

No fees

Statement of Account (sealed and signed)

JD 1

Letter of Mortgage release

JD 5

Letter of Mortgage

No Fees

Letter to a district Medical Committee

No fees

Letters issued based on concerned courts’ decision and order

No fees

Execution of approved insurance applications (Aman service/Sanad service)

JD 3