Bank al Etihad Personal Loan
|Minimum Salary needed||Not mentioned|
|Maximum amount available||JOD 55,000|
|Length of Loan||8 years|
|Profit Rate||10.50% to 11%|
|Upfront Fees ( if any )||1% of Loan amount|
|Eligibility||Latest salary/income/employment verification documen; Valid national ID or passport|
|Main Features||1% loan commission for the first year; Guarantor is not required; Free life insurance; Buyout loan facility available from other banks with competitive interest rates; The possibility of postponing your installments; Refinance facility is available; Personal loan against property mortgage|
Bank al Etihad is Jordan’s leading financial institution.
Founded in the year 1978, Bank al Etihad is Jordan’s leading financial institution. The company began with an initial paid up capital of JOD 110 million. It offers every type of financial product and service one might expect from a bank - whether it a personal loan, credit card, housing loan etc. It also strives to bring the most up to date financial technologies to its customers. This spirit made them the first bank in Jordan to offer its customers banking solutions through smart phones. Bank al Etihad also supports many charity organizations that are involved with taking care of people with special needs and disabilities.
Amman is a popular business hub in the Middle East. With a history that stretched back thousands of years ago, the city attracts a large number of tourists from around the world who come to marvel at the architecture and culture of Amman. The city is home to about 4 million permanent residents, with an estimated 8 million tourists passing through each year. Amman is unlike other cities in the Middle East and this openness is why major multinational companies set up their business centers in the city. Many surveys have ranked Amman as a major city in the MENA region, in league with Dubai and Abu Dhabi.
Bank al Etihad’s personal loans.
Bank al Etihad’s personal loans can help you fund your holidays, meet your daughter’s marriage expenses or any other activities you desire.
You can receive loans of up to JOD 55,000 with a term period of up to 8 years.
You need not provide a guarantor for the loan. The interest rates are competitive and you will have the full freedom to refinance your loan when the appropriate time comes.
The bank also allows you to postpone your installments. This is a useful feature that will come in handy when you are short of cash during any month.
The bank also gives you free life insurance as a bonus.