Personal Loan

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Are you stuck in a tight financial situation and in need of quick cash?

The Personal Loan from BBAC provides you with a fast and simple cash solution suitable for your personal needs.

The Personal Loan gives you the convenience of borrowing up to 30,000 USD at a comfortable repayment period with a grace period of 6 months, and the opportunity to receive a free credit card.

Are you eligible for the Personal Loan?
  • You must be a Lebanese citizen residing in Lebanon
  • You must be between 21-64 years old at loan maturity
  • You must have at least 1 year of work experience
  • You must have a minimum monthly income of USD 1,000 or its equivalent in LBP
What do you need to know about the Loan?
  • Currency: US Dollars or Lebanese Pounds
  • Loan Amount: up to 30,000 USD or its equivalent in LBP
  • Repayment Period: up to 5 years
  • Interest Rate: For USD 12% if loan term is up to 4 years and 13% if loan term is up to 5 years, for LBP 15% if loan term is up to 4 years and 16% if loan term is up to 5 years 
  • File Fees: Ranges between USD 75 to USD 150 depending on loan amount
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
  • Life insurance policy covering death and permanent total disability from an insurance company acceptable to BBAC.
  • 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 Personal Loan by visiting any BBAC branch, where the customer service representatives are ready to provide assistance, or online.

Apply Now

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