إمكانية وصول الأشخاص ذوي الإعاقة

Loan Description

Traditional

Loan Size

5001 - 50000JD

Repayment Period

Max. 48 months (for New and Returning Clients)

Application Fees

40JD (for new clients) and 30JD (for returning clients)

Cut

1% Lump Sum (for new client), 0.5% Lump sum (for returning clients)

Disbursement Fees

5 JD for every monthly repayment from cheque issuance

Grace Period

None unless requested for the first month's payment by client to be deducted from the cheque according to the following calculation: No of days(from cheque issuance to grace period)/360*Loan Amount*Interest

Delay Fees

Reaching 0.003% daily of the amount of the repayment and/or due repayments for every day of delay with a min. of 1 JD daily for every day of delay in paying any installment or a portion of an installment due.

Pricing

11% annually

0.916% monthly

Payment Methods

Cash at Designated Banks or NMB branches or through e-fawateercom or by cheque or by bank transfer from income According to the credit recommendation

Warranties

5. 2 Guarantors (with proof of income or business ownership)
5. Mortgage of a vehicle or machine and official disclaimer as well as tender for the public or private sectors

Documentation

• Basic Paper work
• License
• Registration
• Bank statements for the last 6 months
• Credit History
• Guarantors information (identities, commercial records, financial information)

Information from Credit Study

• Client description
• Lending hierarchy
• Latest improvements to the business
• Reason for loan
• Financial Analysis
• Risk assessment (liquidity, activity and growth, profitability, indebtedness, cash flow)
• Recommendation