• What is a Revolving Loan?
• Why apply for a Revolving Loan at Ahli Bank?
• How can I apply?

What is a Revolving Loan?
A Revolving Loan: is a type of loan that is secured against a property and allows the owner to borrow and repay money at his or her leisure. Periodic payments of at least accumulated interest are required, but the loan is fully open and thus may be paid out in whole or in part at any time. If there is still money available under the loan ceiling, the borrower may take more money for his / her use.

Why apply for a Revolving Loan at Ahli Bank?
Applying for a Revolving Loan at Ahli Bank gives you the following advantages:

• Unify all your loans (Ahli Bank will buy all you loans) into one loan and receive a competitive interest rate for it.





• Receive a credit ceiling for your loan ranging from JOD 5000 to JOD 25000, which depends on the guarantees you present to the bank.





• You can use your credit ceiling for any purpose you wish, like paying for other loans or paying for urgent expenses or purchase necessities.





• You will be able to open a current account.





• You will receive a free check book.





• Receive a free revolving loan card  that will allow you to withdraw up to JOD 500 from any of Ahli Bank's ATM machines with no additional fees involved. You can also transfer money between accounts and check your balance, for more information regarding the Ahli Bank Revolving Card click on tell me more.





• You will receive free life insurance and insurance against disability and long term disabilities throughout the period of the loan, provided that the insurance company approves your admission under it’s insurance umbrella.





• You will receive a monthly Statement of Account indicating withdrawals and deposits and amount in debt and the percentage of partial payments of the debt.





• You will receive a grace period of 30 days from the date the service statement was issued.





• You can repay your loan in two methods :
   

  1. Full repayment of the amount in debt , with it’s monthly debt benefits.

  
  
  

  2. Monthly repayment at a minimum of 0.04% of the amount in debt added to the monthly debt benefits.
      

• You will receive free access to all the bank’s electronic services including:
   

  1. Ahli Phone (Use your phone to perform banking services). tell me more

  
  
  

  2. Ahli SMS (Use your mobile to perform banking services). tell me more

  
  
  

  3. Ahli Net (Use the internet to perform banking services). tell me more

   

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How can I Apply?
Ahli Bank has the following terms and conditions for applicants:

• You have to be between 25 and 58 years of age.





• You should provide a National Identification Card if Jordanian citizen or a passport if not.





• Sign a document to open an account at Ahli Bank and the Revolving Loan application.





• Not be black-listed in Jordan or any other country.





• Provide the appropriate guarantees (house, money, Ghoushan Certificate, Bonds, Cars, Salary) with it’s legal documents.





• Monthly payments should not exceed 50% of your salary.
  
  

• To be legally sane.

To apply
Please visit any of our branches in Jordan or abroad, and one of our Customer Service Representatives will be glad to assist you in filling an application form. Please click on tell me more to locate the branch nearest to you.

For more information, please call our "Ahli Ahlan" Call Center and our Customer Service Representatives ( toll free line 080022777 or + 9626-500-7777) will be happy to assist you between 8:00 AM until 3:30 PM Sunday through Thursday. We look forward to your call, and to serving you in the best way possible.

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