AMMAN, August: Bank of Jordan (BoJ) launched a promotion with many features to help taxi drivers improve their income through taxi financing loans, including license fees, at a fixed competitive interest rate starting from 5.75%. 

Other benefits of the promotion, which also allows taxi drivers to renew cars, include 100% financing up to JD30,000, payment period of up to six years, possibility of obtaining personal loans by mortgaging taxi cars.

BoJ taxi loan helps drivers worry less about car maintenance requirements, including replacement of damaged parts, which increase with time, creating financial burdens and affecting car value. 

BoJ, the only Bank to offer this financing solution, is constantly innovating banking services to meet customer needs and serve all target market segments through a network of branches and e-channels across the kingdom.