Amman, Jordan- April 2005- Jordan Commercial Bank (JCBank) launched the most competitive car loan rate in the history of Jordan offering a loan starting at 4.25% interest rate. JCBank is challenging the banking industry as they enhance the national rates to provide affordable services for their customers.


Jordan Commercial Bank’s car loan rates not only include an outstanding price but also benefits. The benefits comprise of no yearly commission, free life insurance, a 45 day grace period, financing for up to 50,000 JDs, and lastly financing up to 85% of the car value and up to 60 months repayment period depending on the car type and year model.


Jordan Commercial Bank’s vision is to provide the most advanced and secure premium services at the highest global standards with the most competitive pricing. By challenging the interest rates in Jordan, Jordan Commercial Bank anticipates establishing an understanding relationship with their client’s financial situation.


Dr. Mohamed S. Asadi, Assistant General Manager, Retail Banking & Technology at Jordan Commercial Bank stated, “Our new 4.25% car loan rate and benefits is primarily a relation builder. We at Jordan Commercial Bank want to show the public that we understand the needs of the client and have a desire to help them achieve their goals without struggling with finances.”

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Issued on behalf on Jordan Commercial Bank by TRACCS Jordan.









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