Porsche Car Loan

Buy a new Porsche Cayenne, Macan, or Panamera at a 0% interest rate.
Complimentary registration fees on selected models.
Offer valid till end of May, 2019 .

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Description

	Characteristics
Car Brands	Porsche Cayenne, Cayenne S, Macan, Macan S, Panamera, Panamera 4 and Panamera 4S
Loan Amount	Min. USD 40,000 Max. USD 120,000
Currency	USD only
Interest Rate	0%
APR	0.45% (including stamp fees and any other extra fees)
Loan Period	Mandatory over 5 years
Down Payment	Min. 25% of the selling car price (or equivalent when trade in your old car) + Min. 25% of the insurance value
Bank Guarantees	All Risk Insurance Car Mortgage
File Fees	0
Bill Fees	0
Stamp Fees	Gross loan amount x 1.5‰
Grace Period	No grace period
Commission Fees	0

	Insurance
Type	All Risk Insurance
Period	Mandatory over 5 years
Payment	Loan at 0% interest rate is available

	Additional Benefits
e-banking	Free e-banking access
BSL BANK Moment	Automatic enrollment to BSL BANK Moment loyalty program with 1,000 Moments offered.
VISA Infinite credit card	Pre-approved VISA Infinite credit card, free for the first year with 1,000 Moments offered.

	Conditions
Age	Minimum: 21 years Maximum: 59 years if employed & on a case by case if self employed
Nationality	Lebanese resident (excluding expatriate)
Salary Domiciliation	Mandatory at any bank
Occupation	Employed for more than 1 year or self-employed for more than 2 years of profitability
NSSF	Required for employees

	Required Documents
Identification document	Copy of Identity Card or recent individual civil status certificate (maximum 3 months old)
Proof of Residence	Recent proof of Residence 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, NSSF number and the monthly salary) - Statement of account for the past 6 months showing the salary domiciliation if any - CDR
For Self-Employed	- Balance sheet for the past 3 years - Statement of account for the past 12 months - Copy of the commercial circular (if applicable) - CDR for the Company

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