Personal Loan
If you are stuck in a tight financial situation, the Personal Loan from BBAC provides you with a fast and simple cash solution suitable for your personal needs.
- Are you eligible for the Personal Loan?
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- You must be Lebanese, residing in Lebanon
- You must be between 21 and 60 years old at loan maturity
- You must have at least 1 year of work experience
- You must have a minimum monthly income of 1,000 USD, or its equivalent in LBP, if you are either an employee or self-employed
- What do you need to know about the Loan?
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- Currency: US Dollars or Lebanese Pounds
- Loan Amount: up to 50,000 USD or its equivalent in LBP
- Repayment Period: up to 5 years
- What are the guarantees and conditions required for the Loan?
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- The monthly repayment should not exceed 35% of the monthly income for employees and self-employed individuals
- Life insurance policy covering death and permanent total disability from an insurance company acceptable to BBAC
- Additional guarantees such as salary domiciliation and personal guarantee on a case by case basis
- What is the next step?
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You can apply for the Personal Loan by visiting any BBAC branch, where the customer service representatives are ready to provide you with more information on the features and conditions of the loan, or online.