| Minimum Salary | Salary Transfer | Islamic Finance | Maximum Term | Flat Rate | Reducing Rate | |
|---|---|---|---|---|---|---|
Bank Audi Doctors' Loan
|
Minimum Salary: USD 2,000 | Salary Transfer: No | Islamic Finance: No | Maximum Term: 5 Years | Flat Rate: 13.0% | Reducing Rate: - |
Because Bank Audi understand your financial needs, Bank Audi offer you a flexible and accessible credit facility to help you expand your practice, buy your medical equipments, or even upgrade your health centre.
Features
- Loan period up to 60 months
- Fast loan approval within 48 hours
- A lifetime free Loubnani credit card
- Free Internet Banking service
Documents Required
- A copy of the syndicate card for doctors
- Monthly payments should not exceed 33% of your income
Eligibility
- Aged between 30 to 69
- Lebanese resident
Additional Information
- This loan is only available in LBP
- Additional Fees:
- File fees: LBP 225,000
- Stamp fees: 1.5 per 1000 on loan amount
- LBP 100 on schedule
- LBP 10,000 on loan contract per year
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator
