PRODUCTS — LOANS

Auto Loan

A car loan with an interest rate you control

What's holding you back from buying the car you love? If it's the interest rate, you're now in control. Lower your loan cost by choosing whether to meet the minimum or maximum requirements. The more you provide, the lower your rate becomes.

Apply for a loan

What you'll get:

An interest rate that works for you

You can get a lower rate when you:

Transfer your salary to Bank al Etihad
Submit more documents
Make a larger down payment
Have a strong financial profile

A loan that works fits your lifestyle

Whether you're employed or self-employed, this loan adapts to your needs.

Convenient repayment

Repayment period of up to 8 years.

Flexible financing

Finance your car insurance for the first year, with premium coverage included.

Loan amounts ranging from 7,500 JOD to 150,000 JOD
Financing available for up to 3 cars
Up to 100% financing of the car's value, or up to 80% if you only meet the minimum requirements and don't transfer your salary

Reducing interest rate

With a minimum of 7.36% and a maximum of 9.61%.

Extra peace of mind

Finance your car insurance for the first year, with premium coverage included.

Who can apply?

Anyone who is at least 22 years old and employed, or at least 24 years old and a freelancer.
Anyone who earns a minimum monthly income of 450 JOD if their salary is transferred to Bank al Etihad, 600 JOD if their salary isn't transferred, 1,000 JOD if they're freelancers, or 2,000 JOD if they're an expat.
Anyone who is Jordanian (resident or non-resident), Iraqi, or a Palestinian resident in Jordan.
Anyone whose car is not older than 14 years by the end of the loan term.
Anyone buying any type of car (including pickups for personal use only).

It's important to fully understand the ins and outs of the Car Loan before applying, so please carefully read the terms and conditions provided at the branch. You can also contact us for more details.

Ready to drive your new car?

Pick your car, stay focused on the road, and let us handle the financing.

Required documents

Below are the documents you’ll need depending on whether you’re meeting the minimum or maximum requirements.

For Employees

Requirement type	Documents	Mandatory or optional?
Minimum requirements	Social Security statement (or its equivalent)	Mandatory
Minimum requirements	Proof of other income sources in your account statement	Mandatory (if available)
Maximum requirements	Salary slips for the last 6 months	Mandatory
	Account statements for the last 6 months	Mandatory
	Salary transfer letter	Mandatory
	Social Security statement (or its equivalent)	Mandatory
	Proof of other income sources in your account statement	Mandatory (if available)

For freelancers

Requirement type	Documents	Mandatory or optional?
Minimum requirements	Company registration	Mandatory
	Valid business license	Mandatory
	Recent copy of commercial registration	Mandatory
	Certified copy of union membership*	Mandatory for freelancers, optional for business owners
	Business account statements for the last 6 to 12 months showing income and business transactions	Mandatory
Maximum requirements	Valid business license	Mandatory
	Recent copy of commercial registration	Mandatory
	Certified copy of union membership*	Mandatory for freelancers, optional for business owners
	Financial documents showing business assets, liabilities, and net worth	Mandatory
	Business tax returns for the last 2 to 3 years	Optional for Jordanians, mandatory for US expats. Expats from other countries must provide a credit report, if available
	Balance statements from other banks for the last 12 months, showing at least 300 JOD in residual income and a debt-to-income ratio of no more than 50%	Mandatory
	Business account statements for the last 6 to 12 months showing income and transactions	Mandatory
	Signed letter confirming that all business-related deposits go through Bank al Etihad	Mandatory