Monday, 5 December 2022
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Interests & Fees

To download Interests & Fees, please click here.

Product

Interest rate

Housing Loan

6.5%

Personal Loan

7.75%

Car Loan (Decreasing)

7.5%

The aforementioned interest rates are:

  • For individual consumers only.
  • For guidance purposes only. Please contact the Bank for additional information.
  • Set based on the interbank offer rate.

 

The below table shows examples for calculating the annual percentage rate of the product.

 

Example for APR calculation

Duration (Years)

%APR

Loan

Example:
Loan Amount = 50000 JOD

Total Loan = 50000
Interest Rate = 5.75%

1

5,83%

Real Estate loans (Housing / Land / Offices and Clinics)

5

5,90%

10

5,90%

15

5,90%

20

5,90%

25

5,90%

30

5,90%

Example:
Loan Amount = 10000 JOD
Costs = 100 JOD
Total Loan = 10100
Interest rate = 7.75%

1

9,98%

Car loans

2

9,08%

3

8,76%

4

8,59%

5

8,49%

6

8,42%

7

8,37%

8

8,33%

Example:
Loan Amount = 15000 JOD
Costs = 150 JOD
Total Loan = 15150
Interest Rate = 7,5%

1

9,71%

Personal loans (Consumer loans)

2

8,81%

3

8,49%

4

8,32%

5

8,22%

6

8,15%

7

8,10%

8

8,06%

9

8,03%

10

8,01%