Name of the Organization : BBAC Bank
Type of Facility : Apply Online For Car Loan
Country : Lebanon
Website : http://www.bbacbank.com/banking/personal/loan/car-loan-lebanon
Apply Online For Car Loan :
Mazroukeh? Is the car you are currently driving too cramped for comfort? Are you looking to buy a brand new or used car but feel tight on budget?
Related : BBAC Bank Apply For Private Car Insurance Lebanon : www.statusin.org/5810.html
With the Car Loan from BBAC, you can drive away in the car you desire in no time.
The Car Loan puts you in the driver’s seat of your new car with convenient repayment terms, easy application process and a grace period of 3 months.
Am I eligible for the Car Loan?:
** You must be a Lebanese citizen residing in Lebanon
** You must be between 18 or 64 years old
** You must have a minimum monthly income of 500 USD or its equivalent in LBP
What do I need to know about the Loan?:
** Currency: Lebanese Pounds, US Dollars and Euro
** Loan Amount: unlimited
** Down payment: ?between 0% and 25% of car price
** Repayment Period: up to 5 years
** Interest Rate: 3.25% for new cars and 5.90% for used cars
Benefits:
** A grace period of 3 months
** Exemption from files fees
What are the guarantees and conditions required for the Loan?:
** The monthly repayment should not exceed one third of the monthly salary if employed or one fourth of the monthly income if self-employed
** First degree mortgage on the car in favor of BBAC
** An all-risk insurance policy on the car
** A life insurance policy covering the loan amount with The Capital Insurance and Reinsurance Co.
What is the next step?:
You can apply for the Car Loan by visiting any of the BBAC branches, where the customer service representatives are ready to provide assistance, or online.
Application Form :
We value your time, so we created this brief contact form, just fill the following information and we will contact you within a maximum of 2 working days. Please enter the following details to apply for Car Loan.
1. Select Are you our client? * Yes or No
2. Select Branch *
3. Enter Basic account number
4. Select Prefix *
5. Enter First Name *
6. Enter Last Name *
7. Enter Phone number *
8. Enter Email *
9. Enter Your contact Address
10. Select Interested In
11. Select Convenient time for calling
12. Enter Message Text *
About Us :
Bank of Beirut and the Arab Countries (BBAC) traces its origins to an alliance forged in 1956 between three prominent investment magnets, the late Toufic Assaf – entrepreneur, industrialist and politician, the late Nashaat Sheikhelard – financier and businessman, and the late Jamal Shehaiber – financier and trader, when the three partners recognized Lebanon’s need for a different kind of banking services and practices.
The bank is registered on the Beirut Commercial Registry under number 6196 and on the Lebanese List of Banks as number 28. The first branch opened in Lebanon’s capital Beirut, on Allenby Street at the heart of Beirut City Center. Toufic Assaf was named Chairman and General Manager, and so he remained until 1996.
Contact Us :
Bank of Beirut and the Arab Countries (BBAC)
250 Clemenceau Street,
BBAC s.a.l. Building,
Beirut – Lebanon