ARAB BANK House Loan - Ready Property Loan
|Minimum Salary needed||Not mentioned|
|Maximum amount available||JOD 700,000|
|Length of Loan||30 Years|
|Profit Rate||7.75% p.a.|
|Upfront Fees ( if any )||1% of loan amount|
|Eligibility||Financing up to 90% of the house value|
|Main Features||Ability to finance mortgage and property registration fees; Life and property insurance; Account services such as free Visa Electron, Arabi Online Service and Hala Arabi Service; A variety of Credit Card options to choose from|
Arab bank started its operation on 14 July 1930 (Jerusalem Israel). The starting capital of the bank was 15000 Palestinian Pounds. Now the bank headquartered in Amman, Jordan (shifted from Jerusalem). The Arab bank is an international bank with presence in more than 30 countries of the world. The bank is one of the biggest banks in the world with a network of more than 600 branches. The Sabi Masri is the chairman of the Board (2012). It is providing services in three major sectors of corporate banking, consumer banking and institutional banking. The values of the bank are trust, commitment, customer services, transparency and teamwork.
The Amman is a trade hub, tourism city, capital city of Jordan and the city of expatriates. It is a place for the world most famous banks like Standard Chartered Bank, Citi bank, HSBC and Arab Bank (Headquartered in Amman). It is a business place in different countries after the war in Iraq. It is the city of famous universities like University of Jordan, Applied Sciences University and Amman Arab University. The Amman is the 9th highest receiver of the international tourists and travelers in the world. The city transportation system includes the famous Queen Alia International Airport, the Hub for Royal Jordanian and Amman Civil Airports.
Ready Property loan.
The advantages of the Arab Bank ready property loan are:
- Viable interest rates, according to market.
- Loan amount availability between the ranges of JOD 5000 to JOD 700,000.
- The flexible period from 1 year to 3 years.
- Monthly installments according to your financial conditions.
- Funding up to 90% price of your house.
- Facility to finance your property and mortgage fees.
- Facility of life insurance and property insurance.
- Account service facilities like Arabi Online, free Visa Electron and Hala Arabi.
- Several types of credit card choices.
- Facility of Loan calculator (access through website)
To apply for the ready property loan, please visit our website, contact our customer center at 4600900 or visit your nearby branch for more information.