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Car Loan

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Personal

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Application

 

 

 
Car Loan

 

 MEAB s.a.l. introduces its Car Loan, designed to facilitate any car purchase at

 very accessible conditions.

 

 Applicant profile

-          Lebanese & resident for more than 10 years

-          Age between 21  and 55 years

-          A steady income with a minimum of 2 in the same occupation

-          Monthly payments should not exceed 33% of applicant's salary

 

 

New Car

Used Car

Repayment Period

5 years

4 years

Down Payment

20%

25%

Loan Limit

50,000 USD

30,000 USD

 Required Guarantees

-          A mortgage on the car

-          Comprehensive car insurance policy: All risks insurance policy from BIS brokerage services

-          Other guarantees on case by case basis.

 

 Distinctive Features

-          A financing up to 80% of new car & 75% of used car

-          A grace period of three months for new & used cars

-          Loans are available in LBP & USD

-          Preferential interest rates

 Required Documents

-          Copy of Original ID

-          Proof of Residence

-          Driving License

-          Salary Attestation

-          Statement of Account, Income statement or Tax Declaration for the last

3 years (if self-employed)

 Benefits

-          Free Life Insurance

-          24/24 road emergency service

-          Preferential insurance premium

 

For more information please visit one of our branches

or log on to www.meabank.com

 


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© Copyrights 2009 MEAB Bank SAL. All Rights Reserved.
Last update 2009