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.
€ / month
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
Personal loans are an alternative to paying for purchases or projects in cash:
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.
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.
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.
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.