Islamic International Arab Bank PLC Personal Loan - Installments as Cash Price

Minimum Salary needed JOD 250
Maximum amount available JOD 20,000
Length of Loan 2 Years
Profit Rate Not mentioned
Upfront Fees ( if any ) Not mentioned
Eligibility Public sector employees and Companies accredited by the Bank; Bank account statement for new customers and guarantor (if any) for the last six month is required
Main Features Same cash price; An network of authorized dealers at the bank; Finance up to 100%

Islamic International Arab Bank PLC Amman

Islamic International Arab Bank is one of Jordan’s prime banking institutions. It performs its banking operations and duties in accordance with the provisions of Islamic Shariah law so as to meet the swelling demand for excellent services and Islamic banking products.

The Islamic International Arab Bank was founded in 1930 and has over 600 branches in 30 countries scattered in five different continents. This makes it a really international force to reckon with. It is no surprise that last year it was named the Best Trade Finance Provider in the Middle East.IIAB is committed to serve both the corporate and individual clientele.

Amman

Amman is a city on the hill and serves as the royal capital and principal city of the Jordanian Kingdom. It is also its largest and most populated city with fast increasing population that has soared to over four million. It doubles for a modern city as well as an ancient historical landmark with a protracted ancient history that can be traced back to the ancient Biblical days.

The city also serves as the Kingdom’s principal social-economic hub. Amman can be zoned into two historical sites namely, the ancient city on the Eastern side and the modern city on the Western end.

Personal Loan - Installments as Cash Price

 The Arab Bank Personal Loan is tailored to meet your personal needs and allows you to use installments as cash price. Its salient features are listed below as follows:

  •     Loan amounts that meet your personal needs;
  •     Loan durations of up to 7 years;
  •     Grace period of  up to 30 days;
  •     No guarantor required;
  •     Flexible top-up facilities;  
  •     Installment deferring;
  •     Buy-out loans facility available; and
  •     Easy application procedures with simple documentation required.

Requirements

  •     A valid national ID card or valid passport with valid resident visa for aliens; and
  •     Your latest salary, income or employment verification documents.