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Products & services Personal Banking > Loans > Travel Loan
Travel Loan
Whether you are planning a business trip or a romantic getaway, don’t let your budget stand in the way. Just visit any of our appointed travel agents, plan your trip and ask for credit facilities with BLC Bank.
What is Travel Loan? 1. Loan amount: up to USD 5,000, higher amounts on a case by case basis 2. Loan duration: up to 18 months 3. Loan repayment: equal monthly installments not exceeding 30% of your monthly income
What are Travel Loan’s benefits? 1. 24 hour response time 2. No bank commissions 3. No down payment 4. No required insurances 5. Competitive interest rates 6. Eligibility to borrow without a guarantor 7. Enjoy a one month grace period before you start repaying the loan
How do you qualify? 1. You need to be between 18 and 64 years old by the end of the loan period 2. You need to have a regular monthly income starting USD 550 or LBP 800,000
Required Guarantees: You may be eligible to borrow without being required to provide any guarantees or you may have to provide: 1. Irrevocable salary domiciliation and/or 2. Automatic debt authorization from any bank account, and/or 3. Personal guarantee
How to apply for a Travel Loan?All you need to do is visit any of our appointed Travel Agents, choose your package and request credit facilities with BLC Bank. Please note that the following documents are required to apply for the loan: 1. Copy of your national ID 2. Proof of residence or recent telephone bill in the applicant’s name (maximum 1 months old) 3. Syndicate card (if available) 4. If employed, a recent (maximum one month old) and original employment certificate confirming the date of employment, position held, salary and NSSF number if available. (Must be authenticated by employer’s Bank or attached to a copy of the Commercial Register). 5. If self employed, a copy of your company’s Commercial Circular and a Declaration of Income.
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