Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

Social Security Corporation offers interest relief on business debt

27-09-2026 04:00 PM


Ammon News - Social Security Corporation (SSC) updated its debt installment rules on Sunday, offering businesses reduced or waived interest rates when indebted establishments make an upfront payment, effective through Dec. 31, 2026.

Under the new terms, the interest rate reduction depends on the size of the down payment: - 25 percent or more upfront: Installment interest is entirely waived.

- 20 percent to 24.9 percent upfront: Interest drops to 1 percent.

- 15 percent to 19.9 percent upfront: Interest drops to 2 percent.

In its statement, the SSC will determine repayment schedules, based on each company's financial position and ability to pay as per existing insurance inclusion regulations.

Establishments previously excluded for using relief programs twice between May 2024 and December 2025 now qualify, as long as they have not restructured debt three or more times.




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :