Overview
AJIB Personal Loans help you achieve your goals and aspirations in life.
Whether you wish to give your children a better education, go on an exotic holiday or plan your wedding, look no further than a Personal Loan from AJIB.
- Loan amount up to JOD 75,000
- Competitive descending interest rate
- Loan tenure up to 96 months (8 years)
- Up to 1% processing fees only for the first year
- Up to 90 days grace period
- The ability to buy loans from other banks at competitive interest rates and exemption from processing fees
- Complimentary life insurance throughout the loan tenure
- Ability to provide a loan against property
Eligibility
- Minimum age of 18 years old
- Minimum income required is JOD 400 for private sector employees and JOD 300 for government sector employees
- The employer must be certified by AJIB
- Must have a verified income
- Client’s income must be fixed.
Required Documents
- A valid Jordanian ID
- Salary transfer letter or proof of income
- Signed and stamped three-months salary slips
- Signed and stamped six-months bank statement
- Utility bill
- Liability/clearance letter
How to apply
- Through our Online Application Form
- AJIB Contact Center on +962 6 5003005
- Visit the nearest AJIB Branch
Personal Loan Calculator
Calculator
Personal Loan Calculator Example:
| Loan Amount | Tenor in Years | Interest Rate | Granting Commission | Effective APR | Installment Amount | Number of Installments |
| 30,000 | 1 | 8% | 1% | 10.36% | 2,610 | 12 |
| 30,000 | 2 | 8% | 1% | 9.38% | 1,360 | 24 |
| 30,000 | 3 | 8% | 1% | 9.04% | 945 | 36 |
| 30,000 | 4 | 8% | 1% | 8.86% | 735 | 48 |
| 30,000 | 5 | 8% | 1% | 8.76% | 610 | 60 |
| 30,000 | 6 | 8% | 1% | 8.69% | 530 | 72 |
| 30,000 | 7 | 8% | 1% | 8.64% | 470 | 84 |
| 30,000 | 8 | 8% | 1% | 8.60% | 428 | 96 |