Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
SGBJ - Sogecar SGBJ - Sogecar Minimum Salary: JOD 300 Salary Transfer: Yes Early Settlement Fees: - Maximum Term: 7 Years Flat Rate: 5.6% Reducing Rate: 10.08%
Apply Online Now
Fill in your details below and a product advisor will call you back with more details.
Some required information is not valid

Don’t wish for it. Own it!

Are you bored of your old car, tired of public transportation or have a dream car in mind? Don’t wait any longer! Buy the car of your choice with our car loan Sogecar, and enjoy the simplicity of payment.

 

The perfect financing plan for your new or pre-owned car

    • Loan amount ranges from JOD 2,000 to JOD 60,000
    • Financing up to 90% of the car price
    • Flexible repayment period up to 84 months or 7 years
    • Degressive interest rate
    • Free life insurance throughout the loan’s duration

More info

  • Every individual, of more than 21 years of age, with a stable income and 1 year of experience in the same business field, is eligible for Sogecar.
  • It is possible to register the car in the name of another person provided that he is the loan’s guarantor.
 
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The calculated Annual Percentage Rate(APR) is determined using the annual interest rate on the product plus fees and other costs. The APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator
Bank Al Etihad - Auto & Motorcycle Loans
Minimum Salary
JOD 0
Flat Rate
0%
Arab Bank Jordan - Auto Loan
Minimum Salary
JOD 0
Flat Rate
300.0%
Cairo Amman Bank - Car loans for private sector and entrepreneurship
Minimum Salary
JOD 350
Flat Rate
4.5%
Jordan Dubai Islamic Bank - Auto Finance
Minimum Salary
JOD 350
Flat Rate
4.6%