Personal Loan

Housing Bank's personal loan finances personal needs from JOD 3,000 up to JOD 70,000 with tenors from 12 months up to 8 years and a grace period of up to 6 months. Variable interest rates depend on the transferred-salary bracket (10.75% below JOD 500, 9% for JOD 500–999, 8.5% for JOD 1,000–1,999, 8% above JOD 2,000; 1% is added for non-Jordanian borrowers), plus a 1% granting commission for the first year. Minimum income is JOD 450, maximum DBR 50%, and borrowers must be 18 or older and not exceed 75 at the end of the tenor. Available to Jordanians and non-Jordanians resident in Jordan; life insurance is included.