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  • Car Loan - Sayarati

Car Loan - Sayarati

Whether you are planning to buy a new car or a used car, Sayarati car loan comes with features that are tailored to meet your specific needs.

What do you have to know about Sayarati Car Loan?

New Cars

Used Cars

Interest Rate

5%

6.75%

Max. Loan Period

6 years

5 years

Typical Annual Percentage Rate (variable)*

9.54%

13.39%

 

*The Typical APR is a unit of measurement that represents interests and any other cost imposed on the client through the Bank as a result of a product contract.

 

What are the conditions and requirements to apply for Sayarati Car Loan?

  • Minimum Down Payment: 25%
  • Age: You need to be between 18 & 64 years old.
  • The car loan's monthly payment must not exceed 35% of your household monthly income. In case you have a housing loan, your total monthly payments must not exceed 45% of your household monthly income.
  • Car Insurance Policy: A Total Loss insurance policy or an All Risk USD 100 franchise insurance policy. The cost of the insurance varies depending on the price of the car and the period.

 

What are the benefits you get with Sayarati Car Loan?

  • A free Visa debit card that will allow you to settle your monthly payments on any BLOM Smart ATM.
  • A free registration in the FAST service with every all-risk insurance policy or Total Loss Insurance.

 

How can you calculate your monthly payments before applying for Sayarati Car Loan?

Buying a car is a big decision that requires planning in advance. To see what your monthly car loan repayments will be, click on "Simulate" found on the top of the page, before you apply online.

How can you apply for Sayarati Car Loan?

  • Apply online by clicking here or visit your nearest BLOM Bank Branch in Lebanon.
  • Contact BLOM Bank's 24-hour Call Center at: 01-753000


For more information, head towards the nearest BLOM Bank branch, or contact our 24/7 Call Center on +961-1-753000 anytime, any day.

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