ARAB BANK House Loan - Land Financing Loan
|Minimum Salary needed||Not mentioned|
|Maximum amount available||JOD 250,000|
|Length of Loan||10 Years|
|Profit Rate||8.99% p.a.|
|Upfront Fees ( if any )||1% of loan amount|
|Eligibility||Financing up to 50% of land value against property mortgage|
|Main Features||Life insurance; Account services such as free Visa Electron, Arabi Online Service and Hala Arabi Service; A variety of Credit Card options to choose from|
It is the international bank, established on July 2014. It has its branches in more than 30 countries and headquartered in Amman. The current chairman of the board is Sabi Masri. It has offices in famous business locations like London, Dubai, Sydney, Paris and Geneva. It has more than 600 branches (more than 30 countries). The bank is providing services in the sectors of corporate banking, Institutional banking and Consumer banking. The values are excellence in customer service, trust, transparency and customer focus. The total number of employees of the bank is 6490. The 70% employees of the bank have graduate and university degrees, creating and establishing a highly professional environment.
The Amman is the capital city of Jordan. The total population of the city is 41, 42629 and the most populated city of Jordan. The Amman is an economic center after the war in Iraq, for several countries. The Arab Bank Headquartered is also in this famous city. Tourism is the trade of this city. This city has several historical places, parks and buildings. The Amman is the place for several universities. The largest bank offices also in this city like Standard Chartered, Citi Bank and Arab Bank. It is the city of expatriates from different countries. The city has a 9th rank in the world for attracting tourists and travelers.
House Loan- Land Financing Loan
- With the facility of Land Financing Loan, you can pay for land. The advantages of the land, including:
- Interest rates are market competitive.
- The Loan sum from the range of JOD 25,000 to JOD 250,000.
- Long term or short term loan facility (1 to 10 years).
- The facility of 50% funding against property mortgage.
- The life insurance facility.
- Free of cost Visa Electron, Hala Arabi and Arabi online service.
- Several kinds of credit card options.
- The Loan Calculator.
You can get more information on our website for online application; you can also contact our customer service representative or visit the nearby branch for more information.