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.
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 from 6,000 JOD to 150,000 JOD
- Financing for up to 2 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 7.39% and a maximum of 9.39%.
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 at least 600 JOD per month as an employee, or at least 1,000 JOD per month if working as a freelancer.
- Anyone who is Jordanian (resident or non-resident), Iraqi, or a Palestinian resident in Jordan.
- Anyone who is buying a German car that will be no more than 15 years old by the end of the loan term, or any other car that will be no more than 12 years old.
- Anyone who is buying a vehicle, including pickup trucks, for personal use.
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 |
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 |
*Accepted union memberships:
- Jordan Medical Association
- Jordanian Dental Association
- Jordanian Veterinary Association
- Jordan Pharmacists Association
- Jordan Bar Association
- Jordanian Contractors Association
- Jordan Engineers Association
- Jordanian Artists Association
Put your plans into action


