Jordan Ahli Bank PLC House Loan
|Minimum Salary needed||For private sector : JOD 300 ; For public sector: JOD 200 ; For Expatriates, Professionals, and Self-Employed: JOD 2,000
For private sector : JOD 300
; For public sector: JOD 200
- For Expatriates, Professionals, and Self-Employed: JOD 2,000
|Maximum amount available||or Buying/ building: JOD 250,000; For Expansion : JOD 100,000; For Maintenance: JOD 50,000|
|Length of Loan||For Buying/Building/Expansion 30 Years (for Transferred salaries of private and public sectors) & for Expatriates 20 Years; For Maintenance 10 Years|
|Profit Rate||Not mentioned|
|Upfront Fees ( if any )||Not mentioned|
|Eligibility||Minimum work experience of 12 months for private sector, 3 months for public sector and 2 years for municipalities provided employee is confirmed (not under probation); Minimum age of 21 years old and maximum age of 70 years old (60 years old for expatriates)|
|Main Features||Free credit card for the first year; Free debit card and E-services; Life and Property insurance during the loan tenure; No guarantor is required ; Possibility of financing mortgage and registration fees, with a maximum tenure of 10 years provided loan to value doesn't exceed 100% of the evaluation; Family income is considered; N225Grace period to pay the first installment starting from the date of loan disbursement (interest will be calculated from the first day):
- For Buying: up to 6 months (excluding the expatriates)
- For Building: 12 months or building period whichever is less (expatriates: 3 months)
- For Expansion: 12 months or expansion period whichever is less (expatriates: 3 months)
- Maintenance: 6 months ( expatriates: 3 months)
Jordan Ahli Bank is a major financial institution in Jordan.
Jordan Ahli Bank is a major financial institution in Jordan. The bank was established in the year 1955 with an initial capital of JOD 350,000. The bank caters to all types of customer whether it is an individual retail customer or a big business organization. From bank account, loans and credit cards to investment services and corporate loans, you can be sure that the Bank will meet your any financial needs. Jordan Ahli Bank was founded in Amman by Suleiman Sukkar and Yousef Mouasher, which has now grown to make its presence felt in Palestine, Cyprus and Lebanon. The bank now plans to expand more, both nationally and internationally.
Amman is the bustling capital city of Jordan. The city is fast turning out to be an international business hub, especially to organizations looking to have a presence in the Middle East. Like Dubai and Abu Dhabi, Amman too is being viewed by the global business community as the perfect city to establish an office in the region. Amman is spread over a land area of 650 square miles, and offers a mix of the traditional and modern to the interested tourist. Amman receives 8 million tourists every year, which is twice the number of the city’s population of 4 million.
A housing loan from Jordan Ahli bank.
If you are planning to buy a build a new home, then a housing loan from Jordan Ahli bank can help you meet up to 90% of the home value.
You need to start repayment only after 6 or 12 months from the date of receiving the loan, depending on whether you are buying or building your new home.
You can also increase the loan amount at a later date if your income qualifies you for it.
You need not provide any guarantor for the loan. Free property insurance is also offered for the period of the loan.
Plus, you get a free credit card during the first year of your loan tenure.