Personal Loan

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Overview

*Please check our new Personal Loan Campaign details.*

 

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 60,000
  • Competitive descending interest rate
  • Loan tenure up to 96 months
  • 1% commission only for the first year
  • The ability to buy loans from other banks at competitive interest rates
  • Complimentary life insurance throughout the loan tenure
  • Ability to provide a loan against property

*Terms and Conditions Apply

Eligibility

  • Minimum age of 21 years old
  • Minimum income required is JD 400 for private sector employees and JD 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 or a valid passport for non-Jordanians
  • Salary transfer letter
  • Signed and stamped three-months salary slips
  • Signed and stamped six-months bank statement
  • Utility bill 
  • Liability/clearance letter

Personal Loan Calculator

Calculator

Get an indication of what you could pay each month

Commissions for the first year only (loan amount X 1%),the customer will pay off evaluation/reevaluation fees

 

Personal Loan Calculator Example:

Loan AmountTenor in YearsInterest RateGranting CommissionEffective APRInstallment AmountNumber of Installments
30,00018%1%10.36%2,61012
30,00028%1%9.38%1,36024
30,00038%1%9.04%94536
30,00048%1%8.86%73548
30,00058%1%8.76%61060
30,00068%1%8.69%53072
30,00078%1%8.64%47084
30,00088%1%8.60%42896
30,00098%1%8.57%393108
30,000108%1%8.55%366120

Calculator

Get an indication of what you could pay each month

Commissions for the first year only (loan amount X 1%),the customer will pay off evaluation/reevaluation fees