Bike Loan
Believe it or not, Banque Libano-Française offers you as a professional biker and amateur a Bike Loan to finance the purchase of any type of bike, equipment or accessories from any BLF selected partners. Furthermore, all Youth Package 18+ account holders can benefit from discounted interest rate!
You can now enjoy the cycling adventure!
Loan characteristics
- financing the purchase of any type of bike and its equipment or accessories,
- loan amount: from USD 1,000 to USD 10,000,
- currency: USD,
- loan period: from 6 to 36 months,
- preferential fixed interest rate over the whole period of the loan,
- life insurance offered by the Bank,
- no file fees,
- guarantee: free life insurance in favor of the Bank (other guarantees may be required on a case-by-case basis).
Loan advantages
- no down payment required,
- possibility to customize your bike and to apply for the Bike Loan at our branches or our selected partners' showrooms.
Ask about the Youth Package and the Multi Package and discover how you can benefit from our attractive banking services.
Example
For a Bike Loan* of USD 2,500 over a 2-year period, the Loan is reimbursed through equal monthly installments of USD 120 at an Annual Percentage Rate (APR) of 14.70% (including interest, life insurance coverage and fiscal stamps).
Conditions apply as at 17/10/2018 and are subject to variation.
* Subject to pre-study and acceptance of the application
Applicant's eligibility criteria
- nationality: Lebanese,
- age: 21 - 65 (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.
- a military member having joined the military organization for at least 18 months
- 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,
- LBP 1,000,000 or the counter value for military members
- 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
Disclaimer: All information contained on this website is provided for general information purposes only. It does not constitute in any manner a solicitation, offer or recommendation to enter into any transaction or operation with respect to relevant products or services, and does not bind nor engage Banque Libano-Française in any agreement nor commitment of whatsoever nature nor imply the Bank in any obligation to activate or launch any of the products and or services provided in this website.
The information included herein does not constitute in any way legal, financial or investment advice and cannot constitute ground for any decision.
Banque Libano-Française reserves the right to change, amend and update the products and services as well as the terms and conditions provided in this website at any time, and therefore Banque Libano-Française shall not be held liable for any direct or indirect, incidental or consequential damages or losses resulting from use of the information contained herein.
Any information on the products and/or services of Banque Libano-Française shall be obtained from Banque Libano-Française branches only in order to get the applicable terms and conditions related thereto.