Educational Loan

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Educational Loan

Are you planning to pursue your university education but lack the funds?

Fransabank Educational Loan helps you get an education without any financial worries as you will only pay back your loan after graduation. Let us handle the financial burden so that you can focus your attention on what matters most – your education!

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What do you get?

Loan amount: up to US$ 250.000
Interest rate: Beirut Reference Rate BRR (min 6.5%) reviewed annually
Maximum loan tenor: 10 years excluding grace period
Grace period: all the study period + 1 year after graduation
File fees: no file fees

How does it work?

To qualify for the University Loan:

You should be between 18 and 45 years old
You should be applying to academic or technical university studies
You should have a study period that ranges between 1 and 10 years

How can you repay your loan?

Repayment period: up to 10 years through equal monthly installments spread over the repayment period

What are the guarantees needed?

Guarantees on a case-by-case basis
Free life Insurance covering the loan amount

Required Documents

Personal Documents

Copy of Identification card or valid passport
Copy of family register
Document providing place of residence such as electricity, telephone or water bills
Copy of NSSF or medical insurance card

Education Related Documents