Personal Capital Bank Loans Capital Bank Personal loan against cash

What is the Capital Bank Personal Loan Against Cash?

The Capital Bank Personal Loan Against Cash offers financing against your own cash collateral, with interest margins as low as 1%.

What are the key benefits of the Capital Bank Personal Loan Against Cash?

Customers who want to borrow against their own cash deposits for fast access to financing at some of the lowest margins in the market.

Tenure up to 8 years

Interest margins as low as 1% for Private Banking customers, 1.25% for Select customers, and 1.5% for Capital Advance customers.
Loan tenure of up to 8 years.
Same-day loan disbursal (next-day if applied for after 3 pm).
100% cash collateral for monthly installments and deposits in local currency.
110% cash collateral for annual installments and deposits in local currency.
120% cash collateral where the currency is foreign, for both monthly and annual payments.

Who is the Capital Bank Personal Loan Against Cash best for?

Customers who hold cash deposits with Capital Bank and want fast financing of up to JOD 1,000,000 against their deposits while keeping their cash intact.

FAQs

What is the maximum loan tenor?

The loan tenor is up to one year.

What is the minimum age requirement?

The minimum age is 21 years.

What is the required cash collateral coverage?

120% of the loan amount for cash collateral in Jordanian Dinars and 110% of the loan amount for cash collateral in US Dollars. The coverage includes interest.

Can I have more than one loan against cash collateral?

There is no limit on the number of loans against cash collateral that a customer can have. However, no additional amount can be granted on the existing outstanding loan balance.

How is the interest rate determined?

The interest rate is determined according to the approved rate sheet. If the cash collateral is transferred from a fixed deposit, the same deposit interest rate will be applied.

How can I apply for a Personal Loan against Cash Collateral?

You can apply for a Personal Loan against Cash Collateral by visiting any Capital Bank branch or submitting your application online through our website.