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Get your car loan approval from Bank of Jordan within a few hours

With the Bank of Jordan car loan, you can now get your car loan approval for new or used cars, for personal use, within a few hours of applying for it.

Benefits:

  • Approval within hours of completing your required documents
  • Fixed competitive interest rate, starting from 4.49%, with the possibility of financing with a diminishing interest rate
  • Financing up to 100% of the car value, with a repayment period up to 8 years
  • Financing reaches up to JD 100,000 Possibility of financing new or used cars
  • Preapproved credit card with issuance fees waiver
  • Possibility of financing Jordanian expatriates and foreigners residing in Jordan
  • No guarantor or salary transfer required
  •  Possibility of financing more than one car
  • The possibility of funding with the least requirements for proof of income if the funding ratio does not exceed 50%

Terms:

  • This loan is available for Jordanian employees in public sectors and private, retirees, military personnel, international entities' employees , and self-employed individuals, as well as Jordanian expatriates and foreigners residing in Jordan
  • Loan applicant must be at least 21 years old, and must not to exceed 65 years at the expiration of the loan.
  • A one-time 1% only commission to be charged in advance

Required Documents:

  • Valid ID
  • Diagnostic evaluation report of the vehicle from a source approved by the Bank, or an official quotation from the vehicle agent, in case the vehicle is brand new
  • Copy of the used car license
  • Comprehensive insurance documents
  • Bank account statement for the last 6 months
  • Proof of income
  • Any additional documents required upon credit evaluation

Apply now for your car loan. For more information, please visit the nearest branch,or contact our Call Center around the clock at 065807777.

 

Bank terms and conditions apply