Standard Personal loan in LBP

At BSL Bank, you can borrow up to 15 times your salary at a competitive interest rate and spread the cost of repayment over up to 4 years.

	Description
Currency	LBP
Loan amount	Up to 15 times your salary with a maximum of LBP 30,000,000
Period	Up to 4 years
Interest rate	BRR + 5.5% \| Minimum 15% \| Currently 18.99% Renewed annually as per the BRR
File fees	0.5% of loan amount \| minimum $75, maximum $200
Stamp fees	1.5‰ of the total of the 12 monthly installments taken each year
Commission fees	0
Prepayment option	Prepayment option: Accepted Prepayment commission and penalty:4.5% of the remaining balance Minimum advanced payment: 1 note

Salary domiciliation: Required at BSL BANK
Monthly installment: Not to exceed 33% of the monthly income or 45% if housing loan installments exists
Minimum acceptable age: 21 years
Maximum acceptable age: Not exceed 64 at the maturity of the loan
Minimum years of experience: Employed for more than 2 years or self-employed for more than 2 years, with at least 2 years of profit
Personal guarantee: Required on a case-by-case basis
Other guarantees: Required Mortgage or cash collateral for loan amount greater than LBP 30,000,000

Requirement for life insurance: Required
Type of life insurance: Death, Permanent Total Disability and Passive War
Life insurance coverage: 100% of the gross loan amount
Life insurance bought from: BSL BANK
Life insurance premium paid by: The client | 1 shot
Life insurance payment method: Paid upfront
Insuring company: Allianz-SNA or North assurance or AXA Middle East Life or Commercial Assurance or Al Mashrek

Identity card or recent individual civil status certificate (3 months old maximum).
Recent family register certificate (3 months old maximum).
Recent proof of residence: mayor certificate or electricity bill in the name of the applicant (6 months old maximum).
Copy of the apartment title deed or renting agreement.
For employees:
Authenticated salary certificate (specifying the position, employment starting date, NSSF number, monthly salary).
Statement of account for the past 6 months showing the salary domiciliation if any.
For employees:
Balance sheet for the past 3 years
Statement of account for the past 12 months
Copy of the premises title deed or renting agreement
Commercial circular (if applicable)

Full name

Mobile

Closest branch

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