Credit Libanais car loans give you the freedom to purchase a new or used car or even a commercial vehicle without having to worry about overwhelming expenses. Our car loans are flexible and convenient offering loan amounts up to USD 60,000 with a repayment period between 36 and 48 months at competitive interest rates.
* Most importantly, we give you almost instantaneous approvals, only 24 hours after you apply.
Features:
A repayment period of up to 48 months for new cars and 36 months for used ones
Repayments are made in equal monthly installments
Requirements:
Minimum age of applicant: 21 years
Proof of employment for the past 2 years
Employer's trade license
Certificate of salary or income statement
Copies of your identity card and your family certificate
Minimum down payment:
2010 models: 20%
1995 – 2009 models: 30%
Service Charges:
Fiscal stamps
1.5‰ min 1,000 LBP
Car insurance
Varies according to the type and age of the vehicle
Life insurance
Free of charge for used cars
Mortgage fee
Varies according to the type and the brand of the vehicle
*Flat interest rate, fixed over the loan period
Note : After filling up your application online and before your loan can be processed, you should go to your Credit Libanais branch to sign your application .