إمكانية وصول الأشخاص ذوي الإعاقة

Loan amounts

500 – 3500 JD

Product Category

Bithar (A)

Bithar (B)

Bithar (C)

Loan Ceiling

500 – 1000 JD

1001 – 2000 JD

2001-3500 JD

Repayment Terms

15 month

20 month

30 month

Repayment method

Monthly/quarterly/ one payment

Monthly

Monthly

Percentage of Yearly Administration fees

19.8%

19%

18%

Grace Period

1 month

1 – 3 month

1 – 3 month

Installment Postpone

The client can postpone the installment due on him or he will be entitled to it after a short period in the event that the recommendation is to pay the loan monthly and if the client attaches evidence proving that he is unable to pay after reviewing the postponement request by the branch manager and recommending to give him the date agreed upon with bearing the due fees. and the postponement request form should be submitted to obtain the final approval according to the approved powers matrix.

DBR

55%, DBR is measured by dividing all the client’s active loan installments by the total income.

Grace Period fees

# days (from the disbursement day till start of grace period)/360*loan amount*interest rate

Loan disbursement method

Through e-wallet & official cheques issued by National Microfinance Bank

Grant Commission

Loan amount

from every monthly installment beginning from check disbursal.

300 – 2000 JD

1JD

2001 - 3000

2JD

Penalties

The percentage reaches 0.003 daily from the amount of the loan and/or due installments from each day of delay at a minimum of 1JD a day from every day of delay from paying an installment or part of an installment at the due date.

Repayment options

NMB Branches / or by collection cheques

E-Fawateercom

Commercial Banks (Housing Bank & Jordan Kuwait Bank)

NMB Mobile App.

Approval

Based on the applicable lending policy and the loan instructions in addition to the credit inquiry through the available systems.

Guarantees

as shown below and as a minimum for guarantees as it may be more based on the evaluation of the branch manager. Or regional manager or request for enhancement from the credit review unit.

500 – 1000 JD

1001 – 2000 JD

2001 – 3500 JD

• Two personal guarantors, regardless of the relationship

• proof of income for the loan for one of the guarantors or the client for loans between 801-1000 dinars

• Client financial data and income statement.

• Two personal guarantors, regardless of relationship

• proof of income for one of the guarantors, whether the customer is new or repeated.

• Client financial data and income statement.

• Two personal guarantors, regardless of relationship

• proof of income for the guarantors

• Client financial data (business budget & income statement, and working capital value be clarified).

Required Documents

500 – 1000 JD

1001 – 2000 JD

2001 – 3500 JD

• Initial papers for the guarantors.

• proof of income for the loan for one of the guarantors or the client for loans between 801-1000 dinars

• Initial papers for the guarantors.

• Proof of income for one of the guarantors for loans up to 1300 JDs, and attach proof of income for guarantors (depending on the nature of the work & according to the guarantees policy).

• Initial papers for the guarantors.

• Proof of income for the guarantors (depending on the nature of the work & according to the guarantees policy).

• attach picture of the project