Car Loans
Details
BIT Car (new)

By: BIT - Lebanon

Description

If you are planning to purchase a new or used car, with competitive loan interest rates, BIT Bank will give you the loan that suits you best.

General Conditions

Loan Currency:
USD
Minimum Loan Amount:
USD 0
Maximum Loan Amount:
USD 85,000
Minimum Period:
12 months
Maximum Period:
60 months
Rate / Year:
3.90% (flat)
Profession:
Car Type:
New Car
Down Payment:
25%
Other:
Monthly installments should not exceed 1/3 of the salary

Expenses

File Fees:
USD 60

Benefits


Cards


Services

Online Banking:
No

Guarantees

Salary Transfer Required:
Maybe
Guarantor Required:
Maybe
Guarantees Required:
Car pledge.
Car insurance.
Other collateral may be required depending on the financial condition of the applicant and the loan amount.

Car Insurance

Car Insurance Type:
all risk
Insurance Paid:
Installments
Car Insurance Company:
Al Mashrek insurance

Life Insurance


Applicant Profile

Age:
less than 59 years
Residence:
Resident
Minimum Income:
min USD 700
Minimum Years of work experience:
2 years

Basic Required Documents

Personal Identification documents
proof of income
proof of residence
Car documents

More Information

Phone: +961 (1) 985680
Contact