Monday, Jan 23, 2017 /   
 
 
 
Land Ijarah / Lease to own (for Jordanian expatriates)

IIAB gives you the opportunity to buy your own land .

Benefits

  • Customer share will be growing with each installment paid to become a full share in the property at the expiration of the contract
  • Finance  up to JOD 250,000
  • Finance  up to 10 years
  • Competitive rates
  • Finance up to 60% of the estimated value of the property, and can be increased under certain conditions.
  • No commissions on early settlement with the possibility of partial or total payment at every contract renewal annually
  • Free life Takaful insurance.

Eligibility Criteria

  • Jordanian expatriates working abroad

Minimum salary

  • Equivalent of JOD 1,500

Required documents

  • Bank statement for the last 6 months indicating salary transfer
  • Proof of residence in the country.
  • Copy of the work contract
  • Copy of passport

Documents relating to the property

  • Copy of  title to the property
  • Copy of cadastral map.
  • Copy of zoning map.
  • Devolution Certificate

For more informationn
Visit any of our branches through Jordan, or contact Arabi Islami Contact Center at  5003300 or toll-free 08002224, or email us on info@iiabank.com.jo