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Byblos Bank Wedding Loan

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Byblos Bank

Personal

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Wedding Loan

Get married in style!

When it’s time to settle down, don’t settle for anything less than a magical experience. A Wedding Loan from Byblos Bank provides the financing you need to make sure your big day will always be one to remember.

  • LOAN AMOUNT

    Up to USD 20,000

  • Insurance Coverage

    Free life insurance

  • Added Savings

    Zero filing fees

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Distinctive Features

  • Special Benefits

    Special Benefits

  • Zero filing fees
    Free life insurance, if contracted with ADIR, a member of the Byblos Bank Group
    Grace period of up to 3 months
     
Eligibility
You must be a Lebanese citizen
You should be less than 40 years of age at the time of application
You should have at least two years of work experience in the same field
Your net monthly income should be at least LBP 900,000 for single applicants or LBP 1.2 million for married applicants (or equivalent in USD)
Monthly payment should not exceed one-third of your salary if you’re an employee or one-quarter of your income if you’re self-employed
 
Required Documents
Copy of Valid Photo ID or Passport
Proof of income
Proof of residence
 
Conditions and Guarantees

Available in both LBP and USD
Life insurance covering the whole loan (free of charge if contracted with ADIR, a member of the Byblos Bank Group)

The Bank has the right to request additional guarantees in certain cases

 
Example of Annual Percentage Rate (APR)
APR calculation includes stamp fees and quarterly commissions 
Currency: USD
Client: in good health (based on the Bank’s medical questionnaire) 
Loan amount: USD 20,000
Loan period in years: 4
Grace period: 3 months
Variable interest rate based on BRR+6.5% minimum 14.5% (regressive) currently 14.5%
APR: 17.04%*
* With free life insurance and zero filing fees
 

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