Emirates Lebanon Bank gives you the opportunity to benefit from privileged funding conditions linked to the program of the Public Corporation for Housing (PCH).
Loan Period: Up to 15 years
Maximum Loan Amount: LBP 180 million
Applicant Nationality: Lebanese Citizen for at least ten years
Maximum Monthly Income: 1st category : Your average monthly household income does not exceed LBP 1,000,000. The maximum area of your acquisition is 120 m2. 2nd category : The average monthly household income varies between LBP 1,000,000 and LBP 3,000,000. The maximum area of your acquisition is 150 m2. 3rd category : The average monthly household income varies between LBP 3,000,000 and LBP 5,000,000. The maximum area of your acquisition is 250 m2.
Special Terms: -You don't own an apartment within a radius of 25 km from your workplace; -Your loan is your first funded by a public authority; -The apartment should be your main residence -You should pay the difference between the price of the house and the loan; -You should subscribe to a life insurance in favor of Emirates Lebanon Bank and the PCH.