Because of the bank’s belief in the role of the Arab army in protecting the homeland and the citizen, and in our keenness to provide the best and various banking services to the nation’s youth in a way that suits their needs, the following programs have been designed:

• Personal Loan Program
• Mortgage loan program
• Incentive loan program

The beneficiaries of these products are members of the Jordanian Armed Forces, General Intelligence, Public Security, Customs Administration, Air Force, and all other security agencies.

Personal Loans Program

Program Benefits

• A competitive interest rate and a one-time commission of 1% of the loan amount.
• The actual percentage is calculated according to the interbank interest rate when implementing the loan.
• No guarantor required.
• A repayment period of up to 96 months.
• Multi-purpose financing.
• Covering all the categories and ranks.
• The possibility of granting a loan with a mortgage for a repayment period of up to 96 months and financing up to 70% of the estimated value of the property.
• Possibility of obtaining the Egyptian Arab Land Bank Visa credit card.
• Life insurance. 

• Salary transfer or 110% deduction from the salary.
• Total salary 500 JDs, net income 400 JDs.
• The debtor's service period should not be less than 3 months.
• Debt burden up to:
  55% for salaries of 400 JDs or more.

Required Documents

• Copy of the appointment letter.
• Pay slips for the last 3 months.
• A letter from the Financial Department confirming the salary transfer or loan installment deduction.
• A recent liabilities certificate addressed to the bank in the event that the customer's liabilities are purchased from other banks.

Mortgage Loan Program

Program Benefits 

• Financing up to 90% of the real estate purchase per the assessment of the property's value.
• Financing up to 90% of the purposes of construction, maintenance, and finishing per the assessment of the property's value.
• The interbank interest rate + margin and commission of 1% of the loan amount paid only once.
• The actual percentage is calculated according to the interbank interest rate when implementing the loan.
• Life and mortgage insurance.
• A grace period of up to 6 months.
• A repayment period of up to 30 years for the purposes of real estate purchase, construction, finishing, and maintenance.
• Acceptance of a second-degree mortgage, with financing up to 80%, in the event that the first-degree mortgage is held in favor of a government agency.
• Possibility of obtaining the Egyptian Arab Land Bank Visa credit card.
• No guarantor is required for financing. 

Program Regulations

• A first-degree mortgage of 100% of the nominal loan value.
• Net salary = 400 JDs
• The age of the debtor should not be less than 21 years not more than 70 years at the end of the loan.
• Debt burden covers up to:
• 55% of net income for salaries more than 400 JDs.

Required Documents

• Assessing the real estate value to be financed by the bank's approved assessor.
• Real estate registration deed, plot plan, regulatory site plan, and building permit.
• Appointment letter.
• Pay slip for the last 3 months. 

Incentives Loan Program

Beneficiaries of this program are individuals affiliated with the Royal Medical Services who receive incentives.

Program Benefits

• The loan amount starts from 2,500 dinars up to 88,000 dinars.
• Financing up to 90% of the incentive value.
• The possibility of financing without a salary transfer.
• The loan period is up to 48 months for transferred salaries and 36 months for non-transferred salaries, with a minimum of 12 months for both categories.
• Possibility of obtaining the Egyptian Arab Land Bank credit card.
• In the event that the salaries are not transferred, 1% is added to the declared interest, according to the salary bracket, for up to 36 months.

Program Regulations

• The interest value is received in advance of the loan.
• By guaranteeing the transfer of the salary or presenting checks drawn in the name of the debtor at another bank that they have dealings with.
• A letter from Royal Medical Services is collected with the value of the incentives that the client receives annually.
• Installments are due on every incentive date.
• This product is subject to the bank's terms and conditions.
• The bank reserves the right to discontinue the product and/or modify it at any time it deems appropriate.
• The bank reserves the right to accept or reject any application submitted for this product.