Personal loan in USD
The best personal loan that suits you if you need an amount up to 50,000 USD!
How much can you get?
Characteristics
Currency
USD
Loan amount
Up to 50,000 USD
Loan period
Up to 5 years
Prepayment option
Prepayment option: Accepted
Prepayment commission and penalty: 4.5% of the remaining balance
Minimum advanced payment: 1 note
Interest rate
BRR + 6.5%, minimum 14% | Currently 16.89%
Renewable annually as per the rate of the BRR
Commission fees
0
Stamp fees
1.5‰ of the total of the 12 monthly installments taken each year
File fees
0.5% of loan amount | minimum $75, maximum $200
Conditions
Age
Minimum 21 years
Maximum 64 years (at time of loan full settlement)
Nationality
Lebanese residing in Lebanon
Salary Domiciliation
For BSL BANK clients: Salary domiciliation
For None BSL BANK clients: Automatic transfer letter
Occupation
Employed for more than 2 years, or self-employed with 2 years of profitability
Guarantee
On case by case basis
Life Insurance
Mandatory
Required documents
- Identity card or recent individual civil status certificate (3 months old maximum)
- Recent family register certificate (3 months old maximum)
- Recent proof of residence: mayor certificate or electricity bill in the name of the applicant (6 months old maximum)
- Copy of the apartment title deed or renting agreement
-
For employees:
Authenticated salary certificate (specifying the position, employment starting date, NSSF number, monthly salary)
Statement of account for the past 6 months showing the salary domiciliation if any -
For self-employed:
Balance sheet for the past 3 years
Statement of account for the past 12 months
Copy of the premises title deed or renting agreement
Commercial circular (if applicable)
Insurance
- Requirement for life insurance: Required
- Type of life insurance: Death, Permanent Total Disability and Passive War
- Life insurance coverage: 100% of the gross loan amount
- Life insurance bought from: BSL BANK
- Life insurance premium paid by: The client | 1 shot
- Life insurance payment method: Paid upfront
- Insuring company: Allianz-SNA or North assurance or AXA Middle East Life or Commercial Assurance or Al Mashrek