Description

  Characteristics
Currency USD
Car Price Min. USD 15,000
Max. USD 70,000
Higher amounts will be reviewed on case by case basis
Car Type New (sports cars, convertibles and turbo cars are excluded)
Loan Period Mandatory over 5 years 
Interest Rate 0%
APR 4.56% (for a car price of USD 50,000 over a period of 5 years) 
Down Payment Min. 25% of the car price (or equivalent when trade-in your old car)
Upfront Payment to BSL BANK 7% of the car price if the insurance amount is fully settled 
8% if minimum 25% of the insurance amount is settled 
File Fees USD 100 
Bill Fees USD 1/Bill
Commission Fees 0
Stamp Fees  1.5‰ of the gross loan amount 
Grace Period 0
Bank Guarantees  All risk car insurance and car mortgage 



Insurance
Type All Risk Insurance 
Period Mandatory over 5 years
Payment Minimum 25% of the insurance amount
Available loan at 0% interest rate 



Additional Benefits
e-banking Free e-banking access 
Moment Loyalty Program  Automatic enrollment to BSL BANK Moment loyalty program with 1,000 Moments offered
Credit Card Free MasterCard Titanium card (conditions apply) 



Conditions
Age Minimum: 21 years
Maximum: 59 years for employees. To be reviewed case-by-case for self-employed 
Nationality Lebanese residing in Lebanon
Salary Domiciliation Mandatory at any bank
Occupation Employed for more than 1 year or self-employed for more than 2 years of profit
Minimum Revenue  Monthly settlement not to exceed 30% of monthly income, or 40% if applicant is also settling a housing loan 



Required Documents
Identification document Certificate of individual status or copy of identity card
Proof of Residence Mayor certificate or electricity bill in the name of the applicant (6 months old maximum) 
For Employees - Authenticated salary certificate (specifying the position, the employment starting date and the monthly salary)
- NSSF (National Social Security Fund) historical report or mention the number of the NSSF on the salary certificate
- Statement of account for the past 6 months showing the salary domiciliation if any
For Self-Employed - Balance sheet for the past 3 years
- Copy of bank account statement for the past year
- Copy of the commercial circular (If applicable)
- CDR for the Company 



How much can you get?

USD

15,000

70,000

Down Payment to Car Dealer:

USD 0

Upfront Payment to BSL BANK:

USD 0

Monthly Installment:

USD 0

Loan Period:

5 Years

Interest Rate:

0 %

APR:

4.56 %

Ask the branch about our insurance payment facilities.
These numbers are only for simulation purposes.

Interested? Let us call you back


 

 
BSL BANK
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