Features

• Currency: USD
• Down Payment: 25%
• Repayment Period: 5 years for new cars & 4 years for used cars
• File Fees: 150 USD; 250 USD if the financing amount exceeds 30 K USD
• Profit Rate: 5% for new cars and 6.3% for used cars
• Monthly Payment: not to exceed 33% of the monthly income

Conditions & Required Documents

• Applicant must be at least 21 years old
• Minimum Salary: USD 600 or or its equivalent in LBP
• Authenticated Salary Certificate
• Bank Account Statement for the past 6 months (if applicable)
• Proof of residence, electricity bill or mayor's certificate
• Life & permanent total disability Takaful insurance
• All risk Takaful insurance
• Vehicle Mortgage
• Red Plate Mortgage (if it is a Taxi)
• Other Guarantees: case by case

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