Tuition, in Several Chapters

Bank of Beirut s.a.l. offers the “Madrassa” program, allowing you to set the tuition
burden aside.

Benefits

You can pay school or university tuition fees in monthly installments in the currency of
your choice, interest-free for one year. All while benefiting from conditions tailored to your
personal financial situation.

• Company employees with at least 2 years with the same employer and a steady monthly income.

• Individuals between the age of 20 and 54 years.

How much money can I borrow?

A maximum amount of USD 3,000 or the countervalue in Lebanese Pounds.

How long is the duration of the loan?

A maximum period of 12 months.

Terms and Conditions

• Maximum monthly repayment, not to exceed one third of monthly income.

• Assignment to the Bank of a Life and Disability Insurance Policy for the entire duration of the loan.

• Irrevocable salary transfer to the Bank.

Documentation Required

• A letter from the employer confirming annual income, period of employment and position, including
   confirmation from the employer for the irrevocable salary transfer to our Bank.

• Identity Card and Family I.D.

• Proof of Residence (i.e. telephone, electricity bill, etc...).

• A letter from the school or university stating tuition fees.