Currency: JD

Loan Amount: From 300 to 2,000 JD

Loan Term: Up to 36 months

Nominal Interest Rate:

• 300 – 1,000 JD – From 36 % – 40% Annual Declining
• 1,001 – 2,000 JD – From 35 % – 39 % 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.

Application Fees:

• (300 – 1,000 JD) 1% of the loan .Stamp fee and sales tax will also be deducted as per respective calculations
• (1,001 – 2,000 JD) 1% + 10 JOD of the loan .Stamp fee and sales tax will also be deducted as per respective calculations

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 / Personal proof document.
• Copy of family registration book (If exist).
• Business registration and occupancy permit and business rental contract (If exist).
• One or two guarantors.

– From the guarantor: The formal proof of income is required.

Effective Interest Rate (EIR):

• 300 – 1,000 JD – From 45.35 % – 56.45 %
• 1,001 – 2,000 JD – From 45.06 % – 53.32 %

It’s depending on loan duration and amount.

Note: Please note that our financial products and services are suitable with special needs people.

Note: Non-Jordanians can now apply for any of our financial products