alexbank

ALEXBANK – Car Loans for Employed Customers

Features & Benefits

  • Zero down payment
  • Loan amount up to EGP 1,000,000
  • Free life insurance
  • Finance up to 100% of the car value
  • Flexible loan repayment period up to 8 years

Eligibility & Documents Required

  • Applicant must be 21 or older, a legal resident of Egypt, and you are either salaried, self-employed or pensioner
  • Application form
  • Copy of valid national Identification card
  • Car price quotation
  • Employed for a minimum of 3 months
  • Recent telephone, electricity or gas utility bill (maximum 3 months old)
  • Recent salary proof

 

This is a representative example of what it may cost: 12.5% APR Representative based on a loan of EGP 100,000 repayable over 48 months at an interest rate of 12.5% pa (fixed). Monthly repayment of EGP 2,658. Total amount payable EGP 127,583.99.

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