Bank of Jordan review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Bank of Jordan is a direct lender for Jordanian nationals who move their salary to the bank. Personal loans run at an APR of 8.99% with an origination fee of 1% of loan amount, and housing loans carry a product fee of JOD 0. The bank has been lending since 1960.

Key facts

Best for
Jordanian salary earners banking with Bank of Jordan who want a personal or housing loan at a low listed rate.
APR
8.99% (Source, checked September 26, 2026)
Loan amount
JOD 10,000 to JOD 100,000 (Source, checked September 26, 2026)
Term
96 months (Source, checked September 26, 2026)
Arrangement fee
1% of loan amount (Source, checked September 26, 2026)
Representative example
Personal loan of JD 10,000 over 7 years at 8.99% interest plus 1% commission, monthly payment JD 161 (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Jordanian nationals residing in Jordan, at least 21 years old, salary transfer to BOJ required (Source, checked September 26, 2026)
Origination fee (%)
1% (Source, checked September 26, 2026)
Loan types
Personal, Secured, Credit-line (Source, checked September 26, 2026)
Legal entity
Bank of Jordan P.L.C (Source, checked September 26, 2026)
Headquarters
Jordan (Source, checked September 26, 2026)
Founded
1960 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre (Source, checked September 26, 2026)
Official website
bankofjordan.com

Mortgages

Initial rate
6.99% (Source, checked September 26, 2026)
APRC
6.99% (Source, checked September 26, 2026)
Fixed period
20 years (Source, checked September 26, 2026)
Maximum loan to value
80% (Source, checked September 26, 2026)
Product fee
JOD 0 (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Bank of Jordan P.L.C (Source, checked September 26, 2026)
Headquarters
Jordan (Source, checked September 26, 2026)
Founded
1960 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
Google Play
Elsewhere
WikidataWikipediaLinkedIn

Pros and cons

Pros

  • Lends directly, with personal, secured and credit line borrowing in one place (personal, secured and credit line).
  • The housing product fee is JOD 0, so nothing is added on top of the rate.
  • Personal loan amounts run JOD 10,000 to JOD 100,000, wide enough for larger consolidations.
  • Founded in 1960, so it is an established Jordanian bank.

Cons

  • An origination fee of 1% of loan amount adds to the cost of every personal loan.
  • Borrowing starts at JOD 10,000 to JOD 100,000, so smaller sums need a different lender.
  • Support runs on phone and help centre only, with no online chat or email channel.
Bank of Jordan

Ready to try Bank of Jordan?

Scored 9.2 / 10 by BorrowCue.

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Who it suits

  • Jordanian nationals living in Jordan who already bank with Bank of Jordan
  • Borrowers consolidating several debts into one personal loan
  • Homebuyers and remortgagers borrowing within 80% loan to value

Who should look elsewhere

  • Cashspace users, since Bank of Jordan lends only to Jordanian nationals living in Jordan with a salary at the bank
  • Monzo Flex users, whose APR runs 10% to 23% in a different market from this Jordanian lender
  • Cashspace ES users, whose APR of 0% comes from another market and a different borrower base

How Bank of Jordan compares

Where Bank of Jordan is available

Available
Iraq, Jordan, Palestine
Licence in Jordan
Jordan Deposit Insurance Corporation (JODIC) - deposit insurance member bank, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What is the interest rate on a Bank of Jordan personal loan?+

The personal loan rate is an APR of 8.99%, below the site median APR of 12.25%, which puts Bank of Jordan among the cheaper personal loans listed. Personal loan terms run to 96.

What fees do I pay on a Bank of Jordan personal loan?+

Personal loans carry an origination fee of 1% of loan amount, charged on top of the interest rate. The tariff representative example shows a personal loan at the smallest published amount at 8.99% interest plus the commission, repaid as a monthly instalment.

Is there a fee on a Bank of Jordan housing loan?+

The housing product fee is JOD 0, so nothing is added to the borrowing cost on that product. Housing lending runs to 80% loan to value, which is below the 95% upper end seen across lenders.

Who can apply for a Bank of Jordan loan?+

Applicants must be Jordanian nationals living in Jordan, above a minimum age, with their salary paid into a Bank of Jordan account. Personal loan amounts run JOD 10,000 to JOD 100,000, so anyone needing a smaller sum would need another lender.

Is my money protected at Bank of Jordan?+

Bank of Jordan is a Jordan Deposit Insurance Corporation member bank, which places it inside Jordan's deposit insurance scheme for eligible deposits. The lender works in a single market, JO, and lends in Jordanian dinars.

What types of loan does Bank of Jordan offer?+

The bank offers personal, secured and credit line borrowing (personal, secured and credit line), arranged directly rather than through a broker (direct lender). The housing product supports home purchase and remortgage (purchase and remortgage). A credit line lets you draw down as you need it.

How does the fixed rate compare with the market?+

The published initial rate is 6.99% and the APRC is 6.99%, against a site median APRC of 4.9%. Rates can be fixed for 20, so the period and the rate both stay put.

How do I get help with a Bank of Jordan loan?+

Help comes through phone and help centre, so you can call the bank or use its help centre. That is a narrower range than lenders offering email or live chat, and it suits borrowers who would rather speak to someone than type.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check, Funding time.

Bank of Jordan

Bank of Jordan

Jordanian salary earners banking with Bank of Jordan who want a personal or housing loan at a low listed rate.

9.2/10See alternatives

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