Professional Documents
Culture Documents
Loans: Lender Borrower Money
Loans: Lender Borrower Money
Loans: Lender Borrower Money
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Types of loans
Bank X (Non Islamic Bank)
Personal loans
Automobile loans
Housing loans
Student loans
Office and client loans
Personal loans for medical doctors
Financing purchases
Auto finance
Home finance
Land finance
Commercial offices financing
Goods Murabaha
Ijara services ( Travel Finance )
Haj and Omra financing
Al-Yusor Program
Bank X (Non Islamic
Bank)
Personal loans :
Advantages of personal and consumer loans from X Bank:
A loan offered to individual employees in the public or private sector and to middle and high
income self-employed individuals.
Possibility of granting the loan without a limit.
Ability to finance up to 90% of the property's value in the case of purchasing a house and
100% in the case of building one.
Free life insurance subject to the insurance company's approval.
Competitive interest rates.
Easy conditions with grace periods of up to 6 months in the case of purchasing a house
and12 months in the case of building oneprovided that interest is paid on a monthly basis.
Repayment period of up to 25 years.
Possibility of granting the loans to Jordanians residing abroad and to non-Jordanians residing
in Jordan.
Issuing Visa Credit Card (Revolving) exempt of fees for the second year and with a credit
limit that suits the client's income
Issuing Master Card (Fly and Plus) against payment of set fees and with a credit limit that
suits the client's income.
Possibility of granting additional financing for the kitchen not to exceed 10% of the loan's
value and with a maximum limit of JD 6,000, provided that the total value of the loan
inclusive of the kitchen loan does not exceed the average estimated value of the property.
Possibility of granting additional financing for maintenance to be granted after the
repayment of 25% of the original loan and does not exceed 20% of the original loan,
provided that the value of the financing does not exceed the average estimated value of the
property.
Student Loans
Advantages of student loans from X Bank:
Free life insurance for the value of the loan subject to the insurance company's
approval
Issuing Visa Credit Card exempt of fees for the second year and with a limit that
suits the client's income
Issuing a Master Card (Fly and Plus) against payment of set fees and with a credit
limit that suits the client's income
The client is responsible for the mortgage and estimation fees
Repayment period of up to 15 years
Possibility of granting additional financing for decorating and furnishing the office
or clinic up to 10% of the loan's value and a maximum limit of JD 5,000, provided
that the total value of the loan and the additional financing does not exceed the
set funding limits
Financing of up to 80% of the estimated value of the property to be purchased or
100% in the event of providing other asset collaterals.
Possibility of postponing payment of one of the loan installments once a year
(upon the client's request in writing), and after obtaining approval of the
Consumer Loans Department and paying the set commission, whereby it is
postponed until the end of the loan term.
Competitive interest rates.
Personal Loans for Medical Doctors
Financing Purchases
FEATURES
Owning your dream home has never been easier with the Lease-To-
Own Home Financing product from Y Bank
The benefits and features of this program are many and include:
Owning your dream home has never been easier with the Lease-To-Own Home Financing
product from Y Bank
For those looking to own land or farms and looking for an easy, convenient and Sharia
compliant solution, Y Banks Land Financing program is the key. This program will provide
you the opportunity to own your land or farm through either Murabaha or lease-to-own
programs.
Program features:
Murabaha
Lease-to own
benefits:
Financing tailored to fit your financial
commitments
Flexible repayment period.
Available to salaried and professionals.
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