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Kafalat Basic
Co-financed by the EU and Kafalat S.A.L., and responds to the special needs of small-scale agriculture and Tree plantations.
- Personal
- Business
- Cash Management
-
Online Banking
Features
- Funding: LBP 20,000,000 to LBP 300,000,000
- Loan is available in both LBP and US$
- Yearly Interest Rate LBP: 5.14% Interest is subsidized up to 4.5% and refunded by the Central Bank to the borrower
- Yearly Interest Rate US$: 6.57% Interest is subsidized up to 4.5% and refunded by the Central Bank to the borrower
- Loan Repayment Period: Up to 7 years
- Grace Period: 6 to 12 months
- No Bank Commission, a one-time filing fee of maximum LBP 400,000 is charged
- Fiscal stamps are charged once on the Letter of Guarantee and are calculated at 0.3% of the value of the guarantee
Fees
Annual Commission: 2.5% of the outstanding guarantee's value paid to Kafalat Company
BDL Stamp Fees (paid once): LBP 100,000
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Bank of Beirut – List of Banks: 75 | Online banking services licensed by virtue of BDL letter number 11/629 dated October 2, 2008 | 2020 Bank of Beirut s.a.l. all rights reserved
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