The bank can finance up to 100% of the car price, with no maximum limit for the loan (With the guarantee of the bank account)
Eligibility & Documents Required
Minimum age 21 years old for salaried employees, Maximum 60 years
Car price quotation dated and with car specifications from an approved list of authorized dealers
Copy of valid national Identification card
Recent utility bill (gas, electricity, water, telephone)
Detailed proof of income required
This is a representative example of what it may cost: 15.5% APR Representative based on a loan of EGP 100,000 repayable over 48 months at an interest rate of 15.5% pa (fixed). Monthly repayment of EGP 2,757.64. Total amount payable EGP 132,366.68.
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