Car Loan
FNB’s Car Loan: Enjoy Your Ride
Nobody likes to shift from one cab to another to get around town. That’s why, FNB gives you the chance to own your own car…
With FNB’s three Car Loan categories, you are free to choose your own ride.
New Car Loan
Loan Characteristics
- Loan amount: up to $100,000
- Repayment period: up to 5 years in USD
- Loan financing:
- up to 85% if the car price is less than $50,000
- up to 70% if the car price is more than $50,00 - Guarantees: mortgage on the car financed
Loan Benefits
- Free life & total permanent disability insurance for the whole loan period
- Free 24 hour road assistance service during the whole loan period
- Preferential premium for all risk car insurance (covers own damage, theft, fire, and third party liability)
Used Car Loan
Loan Characteristics
- Loan amount: up to $70,000 (more than $7,000 on a case by case basis)
- Repayment period: up to 4 years in USD
- Maximum car age: 8 years
- Loan financing:
- up to 75% if the car price is less than $50,000
- up to 65% if the car price is more than $50,000 - Guarantees: mortgage on the car financed
Loan Benefits
- Free life & total permanent disability insurance for the whole loan period
- Free 24 hour road assistance service during the whole loan period
- Preferential premium for all risk car insurance
Loan Conditions (for both new & used cars)
- Applicant should be a Lebanese citizen
- Applicant should have been employed for more than one year or self employed for more than two years
- Applicant’s monthly payment shouldn’t exceed 1/3 of the monthly salary (for employees) & 1/4 of the monthly income (for self employed and according to marital status)
- Applicant’s minimum salary should be $600 for private sector employees, $400 for public sector employees, and $1500 for self employed
- Applicant shouldn’t be retired when loan period ends
Maxi Taxi Loan
With FNB’s Maxi Taxi Loan, you can upgrade your taxi to a brand new Hyundai H1
Loan Characteristics
- Loan amount: car price + VAT + registration fees + plate upgrading
- Repayment period: 72 months
- Monthly payment: $399
Loan Benefits
- Warranty for free maintenance for 200,000km
- New car, AC
- 7 passengers capacity
- Economical gas consumption (200km/20liters)
Loan Conditions
- Applicant should be a Lebanese citizen
- Applicant should be a taxi driver and a member of the Taxi Drivers Union
- Applicant shouldn’t be retired when loan period ends
Required Documents
For employees:
- Copy of passport or Identity Card
- Proof of income: a recent employment certificate confirming the date of employment, position held, salary, and NSSF number (if available) or certificate of salary with a copy of the last payroll slip
- Proof of residence: certificate of residence or copy of electricity or phone bill
For self-employed:
- Copy of passport or Identity Card
- Statement of account for the last 6 months
- Declaration of income for the last 2 years
- Copy of the company’s commercial circular
- Documents proving the place of work (certificate of Commercial Register, etc. )
- Copy of syndicate membership card (if available)
How to Apply
If you are interested in an FNB’s Car Loan, you are welcome to visit any FNB branch or call our 24 / 7 Call Center on 04 - 72 72 72
Used Car Loan Calculator
New Car Loan Calculator