Jordan Kuwait Bank offers army loans to officers and individuals in the Jordanian Armed Forces.
Features
- Competitive interest rate starting from 9.00%.
- Loan amount up to 75K JOD.
- Loan tenor up to 8 years.
- Free life insurance coverage.
Terms and conditions
- Minimum salary transfer 300 JOD.
- Maximum DBR 50%.
- The minimum employment for the borrower is 12 months.
- The minimum age is 21 years, and should not exceed 70 years at the end of the loan tenor.
Required documents
- Salary slip for the last 3 months.
- Bank statement for the last 6 months.
- Social Security Statement.
- A copy of a valid ID.
*Additional documents may be required upon credit evaluation