Green Loan
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The product designed for energy and environment seeks to offer a variety of financial solutions that allow borrowers to buy energy saving home appliances from partner companies. Moreover, the product is offered to buy solar boilers and similar alternatives to generate clean energy from renewable sources.

 

Loan Amounts

200-2,999JD

Repayment Period

200-599JD

15 months

600-1,000JD

20 months

1,001-1,999JD

24 months

2,000-2,999JD

30 months

Percentage of monthly Administration fees

0.5%/month

Grace Period Fees

No Grace Period Fees

Payment Date

25th of the month

Grant Commission

Amount of loan

from every monthly installment beginning from check disbursal.

200-1,999 JD

1JD

2,000 – 2,999JD

2JD

Penalties

The percentage reaches 0.003 daily from the amount of the loan and/or due installments from each day of delay at a minimum of 1JD a day from every day of delay from paying an installment or part of an installment at the due date.

Age of client / guarantor

18-65 years

Gender of client

Male or Female

Added Value Services

Compensation for loss of customer income during hospitalization.

Payment options

NMB Branches

E-Fawateercom

Commercial Banks (Housing Bank & Jordan Kuwait Bank)

NMB Mobile App.