SSC asks institutions to benefit from Defence Order No. 15

AMMAN — The Social Security Corporation (SSC) on Sunday called on individuals and private sector institutions to benefit from Defence Order No. 15, which includes the provision of installments, rescheduling of debts and exemptions on late payment interests.

Under the order, due debts can be paid over 120 monthly installments with a 1 per cent interest rate, the Jordan News Agency, Petra, reported. SSC said that institutions can benefit from all exemptions mentioned in the order provided that they pay due debts in one payment or through installments. In the event of default, debtors will incur the whole amount of the loan with late payment interest.