Travel loan
Banque Libano-Française Travel Loan is a personalized loan solution with an 18 months repayment plan.
All you have to do is choose your next travel destination!
Loan characteristics
- financing the full cost of your travel package (travel tickets, cruise, hotel accommodation or a predesigned travel package),
- currency: USD only,
- loan amount: minimum USD 500 | maximum USD 6,000,
- interest rate* applicable: flat, fixed and to be determined according to the selected loan period,
- grace period: up to 2 months (on capital and interests),
- loan period: minimum 6 months | maximum 18 months (including the grace period),
- life insurance offered by the Bank,
- no file fees,
- free revolving credit card* (if applicant is eligible),
- guarantee: free life insurance in favor of the Bank (other guarantees may be required on a case-by-case basis).
*Subject to variation upon the Bank decision.
Loan additional advantages
- you can choose your travel package from any travel agency. Apply for BLF Travel Loan and enjoy a 2-month grace period during vacation,
- no down payment required.
Ask about the Wedding Package, the Youth Package and the Multi Package and discover how you can benefit from attractive banking services
Example
A Travel Loan* of USD 3,000 over 18 months is reimbursed following a grace period of two months (on capital and interests) through 16 equal monthly installments of USD 206 at an Annual Percentage Rate (APR) of 12.56% (including interest, life insurance coverage and fiscal stamps).
Conditions apply as at 30/09/2013 and are subject to variation.
*Subject to pre-study and acceptance of the application
Applicant's eligibility criteria
- nationality: Lebanese,
- age: 21 - 64 (at loan maturity ),
- occupation: the applicant should be:
- an employee with a steady job and income for more than 18 months,
- a self-employed with a minimum 3-year work experience in the same field,
- minimum required monthly income:
- LBP 1,200,000 or the counter value for employees,
- LBP 2,500,000 or the counter value for self-employed.
- monthly payments: maximum 33% of the monthly income for employees, self-employed and military members.
Every credit facility is an engagement and must be reimbursed. Check your repayment capacities before you apply.
To submit your loan application, learn more about our loan eligibility requirements and requested documents, visit the nearest BLF branch where our customer advisors will be pleased to share with you a customized simulation, including your Annual Percentage Rate - APR based on your profile and selected financing terms.
For any additional information, please contact your nearest BLF branch or our Call Center on 1272 or send us an email on
info@eblf.com