Getting ready for your big day?

What is it?

Getting ready for your big day? Fransabank has designed the ideal AFRAH Package to support you getting prepared for this long-awaited couple life. The AFRAH Package includes:

·         AFRAH Account

·         AFRAH Loan

·         AFRAH Discount Card

What do you get?

§  No minimum deposit amount is required to open this type of joint current account

§  Preferential interest of 3.5% on LBP and 1.5% on USD

§  Two free Debit Cards for local and international cash withdrawals and purchases

§  Two free-for-life Gold Credit Cards for local and international cash withdrawals and purchases

§  Free first-month premium on Fransavenir, the retirement saving and life insurance plan from Bancassurance*

How do you keep track of your account movement?

• Free SMS alerts on your mobile (s) with every deposit in your wedding list along with the name of the depositor
• iBank: Free access to your account anytime, anywhere through “iBank”, our internet banking service
• ATM: Free ATM withdrawals with your Debit Card on all Fransabank ATMs across the country
• Monthly Statements: Free monthly statements

What can you borrow?

§  Currency: USD or LBP

§  Loan amount: up to USD 15,000 or its c/v in LBP

§  Repayment period: up to 4 years

§  Interest rate: 12% on USD and 14% on LBP

§  Free first-month premium on Fransavenir, the retirement saving and life insurance plan from Bancassurance*

How can you repay your loan?

§  Through equal monthly installments that can reach up to 33% of your monthly income

How can you get it?

To qualify for AFRAH Loan:

§  You should be of Lebanese nationality

§  You should be between 21 and 64 years old at loan maturity

§  Your minimum monthly income should be LBP 800.000 LBP if you are an employee and 1.200,000 LBP if you are self-employed with a minimum of 2 years experience within the same company

§  You should have an NSSF membership card or a medical insurance

What are the guarantees needed?

§  Free Life insurance

§  Other guarantees on case-by-case basis

Present your AFRAH Discount Card and benefit from a multitude of special offers and discounts at any of the following designated merchants!

• Khoury Home Appliances
• Sun Holiday Tours
• Movenpick Hotel and Resort
• 8^eme Art
• Citi Furniture

(*) Bancassurance sal, associate of Fransabank Group, is the first established specialized banking insurance company in Lebanon