Name of the Organization : BBAC Bank
Type of Facility : Apply Online For Appliance Loan
Country : Lebanon
Website : http://www.bbacbank.com/banking/personal/loan/appliance-loan-lebanon
How To Apply For BBAC Bank Appliance Loan?
Am I eligible for the BBAC Bank Appliance Loan?:
You must be a Lebanese resident or expatriate.
You must have at least 1 year of work experience.
Related / Similar Facility : BBAC Bank Mother Account Opening Procedure Lebanon
What do I need to know about the Loan? :
Currency: US Dollars or Lebanese Pounds
Loan Amount: up to 10,000 USD
Repayment Period: from 6 to 48 months
Financing Amount: up to 100% of the appliance value
Interest Rate: rates vary depending on the dealer
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.
A life insurance policy covering death, total permanent disability and war risk with The Capital Insurance & Reinsurance Co. s.a.l.
Additional guarantees such as salary domiciliation and personal guarantee on a case by case basis.
What is the next step?:
You can apply for the Appliance Loan by visiting any of the BBAC branches, where the customer service representatives are ready to provide assistance, or online.
Whether you are creating a new home from scratch, renting an apartment that requires furnishing or simply looking to replace worn household appliances, the Appliance Loan from BBAC grants you the financial flexibility to meet your lifestyle needs.
From furniture and appliances to computers and electronics, you can now get everything you want to make the most out of your home
BBAC Housing Loan :
You have visualized it in your imagination, you have pictured yourself walking through its halls and rooms, and you have even furnished it in your sleep.
Has your dream home been a long-term ambition, but a bit too hard to achieve?
With the Housing Loan from BBAC, your dream home is no longer far-fetched; it’s just around the corner!
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