The Renewable Energy Loan for individuals from the Housing bank in cooperation with JREEEF offers a suitable finance solution to own solar heater systems.
To own the below heater systems:
1. Flat mirrors solar water heaters.
2. Evacuated tubes of solar water heaters.
1. Cash subsidy of 30% on the system price subject to a ceiling provided by JREEEF/ Ministry of Energy and Mineral Resources
2. Financing up to 70% of the system price.
3. Loan tenor up to 1 years.
4. Grace period up to one month.
5. Without loan fees.
Terms and Conditions:
1. Provided only for Jordanian nationality customers.
2. Minimum age is 18 and not to exceed 70 years at the end of loan tenor.
3. Minimum loan tenor 6 months.
1. Valid National ID.
2. Income verification letter.
3. Latest salary slip.
4. Ownership document or Rental contract.
5. Customer Family Book.
6. Bank statement for the last 6 months.
7. Purchase price quotation.
8. Acceptable guarantor for non – transferred salaried and self – employed clients.
Note: The Bank has the right to request additional documents. .
How to apply?
All applications are subject to bank terms and conditions.