Financial services
Designed for Medium size Business owners for financing capital or making purchases with preference for businesses that have strong and steady cash flows that are managed professionally and chosen after thorough studies.
Target Audience: Registered Independent Business owners
Loan Description | Traditional |
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Loan Size | 5001 - 50000JD |
Repayment Period | Max. 48 months (for New and Returning Clients) |
Details of commissions, fees, and penalties | Click here to view the details |
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 |
Pricing | 11% annually 0.916% monthly |
Payment Methods | Cash at Designated Banks or NMC branches or through e-fawateercom or by cheque or by bank transfer from income According to the credit recommendation |
Warranties |
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Documentation |
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Information from Credit Study |
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Loan Application
Note
- The calculated monthly installment value is an approximate value for guidance purposes only and is not considered final.
- The National Microfinance Bank has the right to change the financing value and the monthly installment according to its applicable policies.
- It is subject to the product terms and conditions of the National Microfinance Bank
- For more information, please contact the telephone service center at 0798777733 or at 062001010 or visit the nearest Branch to you.