Retail Loans

The Retail Financing Segment is served through a variety of products designed to improve the living standard of the average unbanked citizen. Through this segment, we provide personal, educational and group financing products to cover the necessities of a sustainable life for all individuals.

All financing products are tailored to make living expenses easier for our clients. Tamweelcom offers competitive administrative rates along with flexible payment plans to ensure that clients are not burdened with the financing they receive. 

TYPES OF RETAIL LOANS:

Solar Heater Loan
Financing solar water heating systems.
Feature
  • Pricing/Monthly 1.00%
    Loan Amount According to the specification of the product by the vendor
    Loan Term 6 - 36 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees No fees
    Penalties 0.5 JOD per each day delay
    Added Value Services eFawateercom
    Insurance program
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents
    • Personal ID Card
    • Family members ID card
    • Income proof and address verification
    • Price quotation from one of the approved vendors' list
    • Other documents might be requested according to the purpose of loan
Health Loan
Financing health medication including teeth, surgery operations, medical equipment and artificial limbs.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 300-1500 JOD
    Loan Term 12 - 20 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD of each 1000 JOD or less than 1000 JOD
    Penalties 0.5 JOD per each day delay
    Added Value Services eFawateercom
    Insurance program
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents
    • Personal ID Card
    • Family members ID card
    • Other documents might be requested according to a certain medical case.
Marriage Loan
Financing for marriage ceremony needs and couple preperations.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 500 -3000 JOD
    Loan Term 12 - 24 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD of each 1000 JOD or less than 1000 JOD
    Penalties 0.5 JOD per each day delay
    Added Value Services eFawateercom
    Insurance program
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents
    • Personal ID Card
    • Family members ID card
    • Other documents might be requested according to the credit policy
Car Licensing and Maintenance Loan
Financing licensing, insurance and/or maintenance for both private and public transportation vehciles.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 300-1000 JOD
    Loan Term 3 - 15 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD of each 1000 JOD or less than 1000 JOD
    Penalties 0.5 JOD per each day delay
    Added Value Services eFawateercom
    Insurance program
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents
    • Personal ID Card
    • Family members ID card
    • Car license
    • Driving license
    • Car rental contract ( for non owners)
    • Other documents might be requested according to the purpose of loan
Home Improvement Loan
Financing home rehabilitation, buying furniture and home appliances.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 300-1500 JOD
    Loan Term 12 - 20 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 1 JOD of each 1000 JOD or less than 1000 JOD
    Penalties 0.5 JOD per each day delay
    Added Value Services eFawateercom
    Insurance program
    Payment Channels Tamweelcom Branches
    E-fawateercom service
    Required Documents
    • Personal ID Card
    • Family members ID card
    • Other documents might be requested according to the purpose of loan
Group-Mix Loan
Financing a group of women, from 2 to 7 members, to establish or/and develop a home based business.
Feature
  • Pricing/Monthly 1.9% for the first time
    1.75% in case of renew for the second time
    1.5% in case of renew for the 3rd time or more
    Loan Amount 200-800 JOD
    Loan Term 12 - 15 months
    Grace Period Not applicable
    Repayment Date 1st of each month
    Fees 0.5 JOD for each member
    Penalties 0.5 JOD per each working day delay
    Added Value Services eFawateercom
    Insurance program
    Payment Channels Tamweelcom Branches
    eFawateercom service
    Required Documents
    • Personal ID Card
    • Family members ID card
    • Other documents might be requested according to the purpose of loan