Beneficiaries:

Clients (Individuals and Companies) of different economic sectors through granting financing on the strength of rents (commercial and residential) for properties rented for each any of the following entities :

• Banks
• Governmental institutions.
• Embassies and diplomatic missions.
• International institutions.
• Telecommunication companies.
• International companies operating in Jordan.

Financing ceiling: Up to (500,000 JD).

Percentage of Financing: 90% of the remaining rental value as per the lease contract.

Loan Term: Repayment period is the remaining of the lease term is (or) 10 years, whichever is less.

Guarantees:

• Mortgaging the property (the source of the rental value) in favor of Bank of Jordan in the first degree, equivalent to the value of the loan granted.
• Presenting a legal “Notarized right transfer “to transfer the rental value in favor of Bank of Jordan.

Documents required:

• Valid national ID.
• Company documents (Certificate of registration, valid vocational license).
• Copy of the valid lease agreement.
• Property documents (real estate registration deed and site plan).

Commercial Banking service centers at your service in selective location, enabeling you to acomplish your banking needs with our expert relationship managers or apply now