Currency: JD
Loan Amount: From 2,001 to 10,000 JD
Loan Term:
From 2,001 to 5,000 JD up to 36 months
From 5,001 to 10,000 JD up to 48 months
Nominal Interest Rate:
2,001 – 5,000 JD – From 30 % – 31 % Annual Declining
5,001 – 10,000 JD -From 27% – 31 % Annual Declining

* Note: Interest rate varies depending on the client’s credit history and commitment with monthly installments with FINCA Jordan. Eligibility for better rate will be validated with each renewal and based on the monthly installment commitment.

• Commission for granting credit:
  1% + 10 JOD of the loan (deducted from the total loan amount).
• Stamp fee and sales tax will also be deducted as per respective calculations.
• Import stamps + Life Insurance.
• Sales tax of 3%.

Life Insurance Fees: Life insurance fees are calculated at a certain percentage according to the loan amount.
To Know how calculate life insurance fees please click to the Life Insurance Calculation Box.
Sales tax on interest , fees and charges:
Interest, fees and all charges are subject to the 3% general sales tax . Also the disbursed loan amount is subject to the duty stamps law.
Repayment Frequency: Monthly
Required Documents:
 – From the client:
Copy of the national ID.
Copy of family registration book.
Proof of residency.
Business registration certification and occupancy permit.
Business rental contract for the business.
One or two guarantors.
Up to 6 months bank statement is required from the account where post-dated cheques are issued. This could be either from client or guarantor.
 – From the guarantor:  Copy of the national ID. And Proof of income.
Effective Interest Rate (EIR):
2,001 – 5,000 JD – From 37.36 % – 40.59 %
5,001 – 10,000 JD – From 32.94% – 38.93 %
It’s depending on loan duration and amount.
Note: Please note that our financial products and services are suitable with special needs people.