jordan
Egypt
Tunisia
Sudan
Bahrain
Turkey
South Africa
Algeria
Lebanon
Syria
Pakistan
Libya
Iraq
Because your vehicle is your real investment,
we offer you the Public Vehicles Financing Program specially designed to support your ambition and give you the start you deserve. Whether you are seeking to own a new vehicle or upgrade your current one, we provide flexible financing, fast procedures, and comfortable installments that match the nature of your income.
Program Features:
- Flexible repayment periods of up to 8 years in line with the nature of the income.
- Preferential profit rates for individuals and institutions starting from 5.25%.
- Possibility of granting a grace period depending on the nature of the activity.
- No credit granting commission.
- The customer is covered by Takaful insurance (according to the terms and regulations of the Takaful Insurance Fund system).
Target Segments:
- Owners and drivers of trucks, machinery, buses, and public taxis holding the qualified driving licenses.
- Sole proprietorships specialized in land transportation, container transportation, and logistics support services.
- Workers in the agricultural and industrial sectors whose activities require purchasing such vehicles and machinery.
Terms and Conditions:
- The applicant must not be less than 27 years old at the date of granting the financing.
- The operational age of public taxis (yellow taxi, service taxis, airport taxis, and travel cars) must not exceed the legally specified age according to applicable laws and regulations at the end of the financing period.
- The operational age of trucks (tractor head only) must not exceed 20 years at the end of the financing period.
- The bank must be provided with the route card issued by the Land Transport Regulatory Authority or Greater Amman Municipality for public taxis (yellow taxi and service taxis).
- The financing installment must be compatible with the cash flows / debt burden according to the instructions.
- The vehicle must be inspected and evaluated by one of the bank’s approved centers, and the inspection and valuation must match the offered price.
- Possibility of financing more than one vehicle within specified controls and up to a maximum amount of 150 dinars in line with cash flows.
- Possibility of financing a semi-trailer if the applicant proves ownership of a tractor head that is not mortgaged to any party.
Subject to the bank’s terms and conditions
New Services
You can now update your information through the "Islami Mobile" application, Without the need for that, visit the branch and without the need to communicate with the customer service center with ease and accuracy.
The Smartphone App is Available on the Following stores, Download the App now:
