Sunday, 19 September 2021
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Interests & Fees

To download Interests & Fees, please click here.

Product

Interest rate

Housing Loan

5.75%

Personal Loan

7.5%

Car Loan (Decreasing)

7.75%

Prime lending rate (PLR)

7.75%

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

5,828%

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

5

5,901%

10

5,903%

15

5,904%

20

5,904%

25

5,904%

30

5,904%

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

1

9.976%

Car loans

2

9.081%

3

8.755%

4

8.587%

5

8.485%

6

8.416%

7

8.367%

8

8.330%

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

1

9,706%

Personal loans (Consumer loans)

2

8,810%

3

8,485%

4

8,317%

5

8,215%

6

8,146%

7

8.097%

8

8,060%

9

8,031%

10

8,008%