Home Improvement Loans

Upgrade Your Living Space with Vitas' Home Improvement Loan

This Loan helps individuals who have the desire to improve and enhance their homes by giving them an amount that contributes with the maintenance of the existing facilities, adding new ones or making other enhancements and improvements.

Why Vitas?

Vitas Home Improvement Loan offers you the financial support to transform your house into a dream home. Whether you're seeking maintenance, renovations, or the addition of new facilities, our loan provides the necessary financing to cover expenses and enable you to enjoy the enhanced comfort and beauty of your renovated house. Experience the joy of a revitalized living space with Vitas Home Improvement Loan.

Fast and easy loan disbursement: Enjoy a hassle-free experience provided all necessary paperwork is complete.

Amount	Interest Rate (%)	Min EIR %	Max EIR %	Terms
1000	30	26.51	49.72	6 - 42Months
1001 - 1500	30	26.51	49.72	6 - 42Months
1501 - 2000	30	26.51	49.72	6 - 48Months
2001 - 3000	30	26.51	49.72	6 - 48Months
3001 - 4000	28.5	26.51	49.72	6 - 48Months
4001 - 5000	28.5	26.51	49.72	6 - 48Months
5001 - 6000	23.5	26.51	49.72	6 - 48Months
6001 - 8000	23.5	26.51	49.72	6 - 48Months
8001 - 10000	23.5	26.51	49.72	6 - 48Months
10001 - 14000	21	26.51	49.72	6 - 48Months

Amount	Fees
1001 - 1500	30
1501 - 2000	30
2001 - 3000	30
3001 - 4000	28.5
4001 - 5000	28.5
5001 - 6000	23.5
6001 - 8000	23.5
8001 - 10000	23.5
10001 - 14000	21

Important note: The company adheres to the Finance Companies Regulation No. (107) for the year 2021 issued pursuant to Article (65) of the Central Bank of Jordan Law No. (23) for the year 1971 and the instructions issued pursuant thereto and related to the criterion of the maximum value and fragmentation, which determines the maximum allowable loan.

Commission for granting credit is calculated in accordance with the provisions of Commission and Fees regulations for microfinance institutions no. (1/2023) in effect 14/6/2023.

In case the credit approval stipulates a condition of salary transfer based on an authorization document, where the monthly installment is deducted directly from the transferred salary to the bank (according to the terms of the agreements signed between the company and the relevant banks), the bank's commission for the cost of salary transfer deduction, issuance, and management of the authorization documents is calculated and deducted from the net loan amount, subject to the terms and conditions.

Loan calculator

Calculated at:

Monthly:

JD 0

Interest rates and monthly repayment amount are approximate and subject to change at any time.

The company is committed to apply regulations issued by the Central Bank of Jordan regarding the calculation of the Effective Interest Rate (EIR) which is defined as: One percentage point; represents the annual effective cost of a loan/ financing, over the term of the loan/ financing. It includes nominal interest rates/returns and costs specified in the contract.