Car Loan

IBL Bank has the ideal solution to guarantee you’ll be behind the wheel of your dream car as soon as possible and with easy payment facilities. You can take out a car loan for new or used cars in Lebanon, Iraq and Cyprus.
Highlights (for the purchase of NEW cars):
  • Down Payment: minimum 25%
  • Loan Period: up to 5 years
  • Flat Interest Rate: 7%
  • Insurance included: Life Insurance and All-Risk Car Insurance
  • First Degree Mortgage of car
  • First Degree Mortgage of car
  • APR: 10.28%

Highlights (for the purchase of USED cars):
  • Down Payment: starting at 30%
  • Loan Period: up to 5 years
  • Flat Interest Rate: 8%
  • Insurance included: Life Insurance and All-Risk Car Insurance
  • First Degree Mortgage of car
  • APR: 14.08%
* Terms & Conditions apply

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