As a token of gratitude to all those who spend their careers instilling knowledge, culture and values in future generations, Byblos Bank has devised the Teacher Personal Loan. This facility caters to members of the education sector, many of whom face the same pressing needs as the rest of the middle class.
Purpose
- To satisfy any personal financial need
Eligibility
- Lebanese citizen
- Must be a Teacher or Staff member at a private or public educational institution
- Age not to exceed 64 by the end of the loan period
- A minimum of two years of working experience in the same field
- Minimum net monthly income of LBP 750,000 for single applicants or LBP 900,000 for married applicants
- Monthly payment should not exceed one-third of salary for employees or one-quarter of income for self-employed
Currency
Amount
- Up to USD 15,000 or equivalent in LBP
Repayment Period
Interest Rate
Distinctive Features
- Preferential interest rate
- No file fees
* The Bank reserves itself the right to request any additional guarantees when necessary.