Home   |   Careers   |   FAQs   |   Contact Us   |   Sitemap   |   Transparency Français
Point.com Point.call
Products & services
Enlarge Font Minimize Font Print This Page Email This Page
Name
Email
Friend's Name
Friend's Email

Car Loan

Uncover your car, discover your interest…

Choose your car and your down payment and benefit from Banque Libano-Française Car Loan.

Loan characteristics
  • financing the acquisition of a new or used car,
  • currency: USD,
  • required down payment:
    • 25% for new cars,
    • 30% for used cars,
  • interest rates: fixed and to be determined according to the car model, the down payment and the production year of the car subject of the loan,
  • loan period:    
    • up to 5 years for new cars,
    • up to 4 years for used cars (5 years only for medium and high-range cars, with a maximum of 5,000 km mileage per year and up to 2-year-old manufactured cars),
  • file fees: USD 150,
  • guarantees:
    • car pledge up to capital and interests,
    • car insurance (all-risk, according to the car age),
    • others (on a case-by-case basis). 

Loan additional advantages
  • special offers are also available with selected car dealers,  
  • a revolving credit card*.

* Subject to eligibility

Examples

Example of a new car
To finance the acquisition of a USD 25,000 new car with an USD 11,000 down payment, the Car Loan* is reimbursed over a 5-year period through equal monthly installments of USD 347 at an Annual Percentage Rate (APR) of 7.80% (including interest, file fees, car insurance premium, optional life insurance coverage, mortgage, registration fees and fiscal stamps).
Conditions apply as at 19/10/2015 and are subject to variation.

Example of a used car
To finance the acquisition of a USD 30,000 used car with a USD 12,250 down payment, the Car Loan* is reimbursed over a 4-year period through equal monthly installments of USD 580 at an Annual Percentage Rate (APR) of 12.46% (including interest, file fees, car insurance premium, optional life insurance coverage, mortgage, registration fees and fiscal stamps).
Conditions apply as at 19/10/2015 and are subject to variation.

*Subject to pre-study and approval 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 or 3 years in the same field,
    • a self-employed with a minimum 3-year work experience in the same field,
    • a military, ISF or GS member who has joined the 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 3,000,000 or the counter value for expatriates,
    • LBP 1,000,000 or the counter value for military members, 
  • monthly payment: maximum 33% of the monthly income for employees and self-employed.


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

REQUIRED DOCUMENTS
Get an insurance
Related links
Simulations
Banque SBA | | LF Finance (Suisse) | Bank Al-Sharq | BLF Trade | | Lucky to be young
Our newsletter
Join us on:
Facebook | YouTube | Twitter | LinkedIn | Instagram
Copyright 2010©, Banque Libano-Française. All Rights Reserved. No. 10 on the List of Banks
BDL Approval No.: 729/cc/17 Dated: 13/08/2014
Disclaimer