Personal car loan

Do you need a loan to help fund your purchases and projects? With terms of up to five years and no nasty surprises, it couldn’t be easier with BIL’s personal loans. You can even apply online.

Plus d'informations

Personal loan: the right loan for you and your projects!

Whether it's for a car, a new kitchen, home project or holiday... With a BIL personal loan, you benefit from preferential terms to finance your exceptional expenses.

Simulate
your personal loan

1,000 €


/ month

60,000€

The benefits
of a BIL personal loan


Take advantage of a fixed rate of interest

Select a loan term of between one and five years

Receive a prompt response to your loan application

Protect your personal savings

Access your funds quickly

Benefit from tax-deductible loan interest

Find out more about personal loans

  • What can you use a personal loan for?

    Personal loans are an alternative to paying for purchases or projects in cash:

    • New or used motorhomes.
    • Small landscaping projects, renovations or home improvements.
    • Movable assets.
    • Other exceptional expenses.
  • Why take out insurance?

    Endowment life insurance is a specific life insurance policy offered when you take out a personal loan. In the event of the borrower’s death, the outstanding balance is repaid in full by the insurer to the lending institution, thus protecting your relatives from this cost. In practice, you pay an insurance premium at the start of your policy and benefit from a tax deduction.

  • What are the tax benefits?

    As a consumer loan, a personal loan allows you to benefit from the tax advantages associated with exceptional expenses, provided that a tax declaration or annual statement is submitted in Luxembourg.

    • Loan interest

      You can deduct debit interest of up to EUR 336 per year and per person belonging to the household for tax purposes from your tax base in Luxembourg.

    • Insurance premium

      Endowment life insurance of up to EUR 672 per year and per person belonging to the household for tax purposes is deductible from your taxable income, depending on your personal situation.