The fees and commissions for the retail sector and examples of the effective interest rate calculation for retail loans:
|Product||Announced interest rate starting from|
|Personal Loan||7.75 %|
|Auto Loan - Floating||8.4%|
|Auto Loan - Fixed||4.5%|
|Actual Intrest rate||Example on calculating the
|Personal Loan||7||9.38||Personal loan of JD 10,000 at 9% interest and
1% commission with a monthly payment of JD 162
|Car - Floating||7||10.47||Car loan of JD 10,000 at 10% changing interest
and 1% commission with a monthly payment of JD
|Mortgage||20||8.30||Mortgage loan of JD 70,000 at 8% interest and 1%
commission, with a monthly payment of JD 592
For more information on the Tariff Guide for Services and Products please call 065807777 or click here:
• The interest Rates are being set based on overnight interbank Rate.
• Interest rates above are for guidance and for individual loans only.
• Terms and conditions apply.