The product designed for energy and environment seeks to offer a variety of financial solutions that allow borrowers to buy energy saving home appliances from partner companies. Moreover, the product is offered to buy solar boilers and similar alternatives to generate clean energy from renewable sources.
Loan Amounts |
200-2,999JD |
Repayment Period |
|
200-599JD |
15 months |
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600-1,000JD |
20 months |
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1,001-1,999JD |
24 months |
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2,000-2,999JD |
30 months |
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Percentage of monthly Administration fees |
0.5%/month |
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Grace Period Fees |
No Grace Period Fees |
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Payment Date |
25th of the month |
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Grant Commission |
Amount of loan |
from every monthly installment beginning from check disbursal. |
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---|---|---|---|
200-1,999 JD |
1JD |
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2,000 – 2,999JD |
2JD |
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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. |
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Age of client / guarantor |
18-65 years |
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Gender of client |
Male or Female |
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Added Value Services |
Compensation for loss of customer income during hospitalization. |
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Payment options |
NMB Branches |
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E-Fawateercom |
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Commercial Banks (Housing Bank & Jordan Kuwait Bank) |
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NMB Mobile App. |