Personal Loan|
What is it?
- FRANSABANK’s personal loan allows you to buy personal items like household items, furniture, office furniture, or cover other family expenses
What can you borrow?
- Flexible loan between LBP 3 million and 40 million or C/V in USD
- Flexible repayment period up to 4 years
- Low monthly payment, not exceeding 33% of the monthly income
- Very well studied regressive interest rate
- No commission fees
- Opening of the file is USD 50 only
How can you get it?
- Applicant should be a Lebanese national for more than 10 years
- Applicant should have a minimum salary of LBP 800,000 for employees and LBP 1,200,000 for self-employed
- For employees in the public sector, the loan amount is 11 times the net income and no minimum salary is assigned
- Applicant should be an employee with a minimum of one year in the same company, or self-employed for three years in the same occupation
- Applicant should domicile his salary
- Collective guarantees or other guarantees on case by case basis
- Life insurance covering the loan amount, and decreasing gradually according to the amount of installments paid
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