Arab Investment Bank aiBANK – Personal Loan without Salary Transfer
EGP 2,783
Monthly Payment
EGP 2,860
Monthly Repayment
Up to 500,000 LE
Loan Amount
Loan Amount
Up to EGP 500,000
Requirements
- Egyptain residents only.
- Minimum age: 21 years old and maximum age: 60 years old.
Documents Required
- A copy of valid national ID
- Stamped HR letter
- Recent utility bill
Fees & Charges
- 3% fees on past due instalments
- 2% administrative fees
- Early Settlement Fees: 5% on the outstanding balance
- Installment Postponement fees: EGP 75
This is a representative example of what an EGP 100,000 loan might cost: 16.5% APR Representative based on the 4-year loan option, then monthly instalment would be EGP 2,860. Total amount payable would be EGP 137,266.
Arab Investment Bank aiBANK – Personal Loan
EGP 2,783
Monthly Payment
EGP 2,783
Monthly Repayment
Up to 1,500,000 LE
Loan Amount
Loan Amount
Up to EGP 1,500,000
Loan Term
Up to 10 years.
15% interest rate if loan is paid within 5 years and 16% if paid within 10 years.
Requirements
- Egyptain residents only.
- Minimum age: 21 years old and maximum age: 60 years old.
Documents Required
- A copy of valid national ID
- HR letter / Salary Transfer Letter
- Recent utility bill
Fees & Charges
- 3% fees on past due instalments
- 2% administrative fees
- Early Settlement Fees: 5% on the outstanding balance
- Installment Postponement fees: EGP 75
This is a representative example of what an EGP 100,000 loan might cost: 15% APR Representative based on the 4-year loan option, then monthly instalment would be EGP 2,783. Total amount payable would be EGP 133,588.
Abu Dhabi Commercial Bank ADCB – Doctor’s Loan
EGP 2,938
Monthly Payment
EGP 2,938
Monthly Payment
Up to 750,000
Loan Amount
Type of Loan -No Salary Transfer
Loan Amount
Up to EGP 7500,000.
Competitive Interest Rate
Free life insurance.
Features
- ADCB Doctor’s Loan is available for physicians and doctors in all specialities
- Minimum age: 21 years old and maximum age: 60 years old
- ADCB available for Egyptians only
- Free life insurance during the loan period
- No proof of income required
- Interest rates are between 18% and 20% depending on the program
Documents Required
- A copy of valid national ID
- Operating license
- Recent utility bill
- Valid Syndicate membership card
Fees & Charges
- 2% fees on past due instalments
- 1% administrative fees for individuals and 0.5% for excellency clients
- Early Settlement Fees: 5% on outstanding balance
- Installment Postponement fees: EGP 300
This is a representative example of what an EGP 100,000 loan might cost: an 18% APR Representative based on the 4-year loan option, then the monthly instalment would be EGP 2,938. Total amount payable would be EGP 141,000.
Abu Dhabi Commercial Bank ADCB – Salary Loan
EGP 2,783
Monthly Payment
EGP 2,783
Monthly Repayment
Loan Amount
Up to EGP 2,000,000
Loan Term
Up to 10 years.
15% interest rate if loan is paid within 5 years and 17.5% if paid within 10 years.
Requirements
- Egyptain residents only.
- Minimum age: 21 years old and maximum age: 60 years old.
- Transfer your salary or just the installment (provide a salary proof without the need to transfer it).
Documents Required
- A copy of valid national ID
- HR letter / Salary Transfer Letter
- Recent utility bill
- 3 months’ bank statement
Fees & Charges
- 2% fees on past due instalments.
- 1% administrative fees for individuals and 0.5% for excellency clients.
- Early Settlement Fees: 5% on the outstanding balance.
- Installment Postponement fees: EGP 200.
This is a representative example of what an EGP 100,000 loan might cost: 15% APR Representative based on the 4-year loan option, then monthly instalment would be EGP 2,783. Total amount payable would be EGP 133,588.
Banque Misr – Business (Express) Loan for Small Business
EGP 2,303
Monthly Payment
Up to 2,000,000
Loan Amount
Type of Loan - Small Business
Loan Amount
Up to EGP 2,000,000
Low Interest Rate
Flexible terms.
Requirements
- Be an existing Banque Misr business account holder
- Small business with annual sales from 1M to 50M EGP
- In business for at least 12 months with valid annual financial statements
Documents Required
- Commercial register valid for at least 3 months
- Valid National ID
- Tax card valid for at least 1 month
- Last year financial statements
- Rental or ownership contract for your the business’s main office location
- Tax and social insurance position valid for at least 1 month
- Commercial register for suppliers valid for at least 1 month
- Quotation from suppliers valid for at least 1 month
Fees & Charges
- No additional fees and costs when you get a Small Business Loan
National Bank of Egypt NBE – Mortgage Loan
EGP 3,346
Monthly Payment
Loan Amount
Up to EGP 2,250,000.
Loan Term
Up to 20 years.
Free Life and disability insurance
No I-Score fees.
Requirements
- Egyptain residents only
- The apartment should be fully finished and ready for housing, including all utilities (electricity and water meters)
- Finance up to 80% of the total amount
- 20% down payment is required
Documents Required
- A copy of valid national ID
- Family registration certificate
- Recent utility bill
- Proof of income
Fees & Charges
- 2% fees on past due to instalments
This is a representative example of what it may cost: 8% APR Representative based on a loan of EGP 500,000 with 20% deposit repayable over 240 months at an interest rate of 8% pa (fixed). Monthly repayment of EGP 3,346. Total amount payable EGP 803,040.
EG Bank – Personal Loans
EGP 2,886
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 2,000,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Life insurance throughout loan tenor.
Requirements
- Minimum age 21 years up to 60 years at loan maturity for salaried clients and reach up to 65 years for self-employed and professionals
Documents Required
- Valid National Identification Card for Egyptians or valid passport and valid residency for foreigners
- Salary / Instalement transfer Customers: Customer’s company agreed to transfer salary/ installement
- Non-salary / Installment transfer Customers: Authenticated HR letter or HR letter & 3 months bank statement
- Self-employed/Professional Customers: valid tax card & last 6 months bank statement in addition to copy of recent & valid commercial register for self-employed or certificate of profession, valid syndicate ID, & medical institution license for professionals
Fees & Charges
- From 1.15 to 2.5% administrative fees
- 10% for full early settlement / 7% partial settlement
- 2.5% late payment fee per installment
Suez Canal Bank – Education Loan
EGP 3,612
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 500,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Minimum age of 21 year-old and a maximum of 60 year-old
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Salary Certificate( income Proof)
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2% administrative fee
- 5% for early payment
- 4% for late payment
- ُEGP 150 data verification fee
- 0.0005% proportional stamp duty collected quarterly
National Bank of Kuwait NBK – Non-Instalments Transfer Loan
EGP 2,850
Monthly Payment
Type of Loan -No Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Features
- NBK installment transfer Loan is available for Egyptians only
- Minimum age of 21 year-old and a maximum of 60 year-old
- EGP 20,000 minimum loan amount
- No guarantor is required
- The availability of settling the customer’s financial obligations with other banks.
- The ability to access your account through the online portal
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statement for the last 3 months
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
- Profession practice permit
- An undertaking letter from employer to transfer Salary or Installment to NBK Egypt
Fees & Charges
- 2% administrative fee
- 5% for early payment calculated on the unpaid amount
- 4% for late payment
- 0.0005% proportional stamp duty collected quarterly
National Bank of Kuwait NBK – Instalments Transfer Loan
EGP 2,647
Monthly Payment
Type of Loan -No Salary Transfer
Loan Amount
Up to EGP 2,000,000.
Competitive Interest Rate
Free life insurance.
Features
- NBK installment transfer Loan is available for Egyptians only
- Minimum age of 21 year-old and a maximum of 60 year-old
- The minimum loan amount is EGP 20,000
- No guarantor is required
- The availability of settling the customer’s financial obligations with other banks.
- The ability to access your account through the online portal
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statement for the last 3 months
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
- Profession practice permit
- An undertaking letter from employer to transfer Salary or Installment to NBK Egypt
Fees & Charges
- 2% administrative fee
- 5% for early payment calculated on the unpaid amount
- 4% for late payment
- 0.0005% proportional stamp duty collected quarterly
National Bank of Kuwait NBK – Doctor’s Loan
EGP 22,500
Minimum Salary
EGP 2,824
Monthly Payment
Type of Loan -No Salary Transfer
Loan Amount
Up to EGP 600,000.
Competitive Interest Rate
Free life insurance.
Features
- NBK Doctors’ Loan is available for physicians and doctors in all specialities
- Minimum age of 21 year-old and a maximum of 65 year-old
- Doctors should have a private clinic for at least 3 years
- The Loan is offered for Egyptians only
- NBK Doctor’s Loan is offered in Egyptian pounds only
- No guarantor is required
- The availability of settling the customer’s financial obligations with other banks.
- The ability to access your account through the online portal
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statement for the last 6 months
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
- Profession practice permit
- Syndicate card
Fees & Charges
- 2% administrative fee
- 5% for early payment calculated on the unpaid amount
- 4% for late payment
- 0.0005% proportional stamp duty collected quarterly
Abu Dhabi Islamic Bank ADIB – El Yosr Doctors and Pharmacists Loan
EGP 3,096
Monthly Payment
Type of Loan - No Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old, and the maximum age is 65 years old
- The banking Finance program is compliant with Islamic law
- Finance up to 40% of the burden in case of submitting bank statement of ADIB
- Finance up to 30% of the burden in case of submitting bank statement of other banks
- The bank can finance up to EGP 700,000 for doctors and EGP 600,000 for pharmacists based on years of experience
- An easy and quick approval process
- Takaful Life Insurance lasting till the program tenor ends
- No down payment required
- N0 Salary transfer is required
- El Yosr Doctors and Pharmacists program available for Egyptians and foreigners
Documents Required
- Valid National ID for Egyptians
- Recent residence utility bill (maximum 3 months)
- Loan Application form
- Syndicate permit
- Pharmacy License for pharmacists only
Fees & Charges
- 2.5% administrative fee
- 5% for early payment calculated on the unpaid amount
- 2% for late payment fee per installment
- 0.0005% proportional stamp duty collected quarterly
Abu Dhabi Islamic Bank ADIB – El Yosr Self-Employed Program
EGP 3,313
Monthly Payment
Type of Loan - No Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old, and the maximum age is 65 years old
- The banking Finance program is compliant with Islamic law
- Finance up to 40% of the burden in case of submitting bank statement of ADIB
- Finance up to 30% of the burden in case of submitting bank statement of other banks
- An easy and quick approval process
- Takaful Life Insurance lasting till the program tenor ends
- No down payment required
- N0 Salary transfer is required
- El yosr self-employed program available for Egyptians only
Documents Required
- Valid National ID for Egyptians
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Loan Application form
Fees & Charges
- 2.5% administrative fee
- 5% for early payment calculated on the unpaid amount
- 2% for late payment fee per instalment
- 0.0005% proportional stamp duty collected quarterly
Abu Dhabi Islamic Bank ADIB – El Yosr Employees Loan
EGP 2,917
Monthly Payment
Type of Loan - With Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old and the maximum age is 65 years old
- The banking Finance program is compliant with Islamic law
- Finance up to 50% of the burden
- An easy and quick approval process
- Takaful life Insurance lasting till the program tenor ends
- No down payment required
- Salary transfer is required
Documents Required
- Valid National ID for Egyptians
- Valid residence permit or valid passport for foreigners
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- HR letter
- Loan Application form
Fees & Charges
- 2.5% administrative fee
- 5% for early payment calculated on the unpaid amount
- 2% for late payment fee per instalment
- 0.0005% proportional stamp duty collected quarterly
Emirates NBD – Physicians & University Professors Loans
EGP 3,150
Monthly Payment
Type of Loan - With Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Features
- ENBD physicians & university professors Loans is available for physicians and university professors
- Minimum age of 21 year-old and a maximum of 60 year-old
- Customers should have completed the probation period
- The Loan is offered for Egyptians and foreigners
- The loan is offered in Egyptian pounds only
- No guarantor is required
- The Loan term could be extended to 10 years
- The availability of settling the customer’s financial obligations with other banks.
- The ability to access your account through the online portal
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statment for last 6 months in case of the income is larger than EGP 10,000
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
- Syndicate card
- Evidence of profession and seniority
Fees & Charges
- 2% administrative fee, not less than EGP 500
- 5% for early payment calculated on the unpaid amount
- 4% over the contracted rate + EGP 50
- 0.0005% proportional stamp duty collected quarterly
Emirates NBD – Personal Loan
EGP 2,957
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Features
- ENBD Personal Loan is available for Salaried customers, self-employed customers, professionals and pensioners
- Minimum age of 21 year-old and a maximum of 60 year-old
- Customers should have completed the probation period
- The Loan is offered for Egyptians and foreigners
- The loan is offered in Egyptian pounds only
- No guarantor is required
- Loan term could be extended to up to 10 years
- The availability of settling the customer’s financial obligations with other banks.
- The ability to access your account through the online portal
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statment for last 6 months in case of the income is larger than EGP 10,000
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
Fees & Charges
- 2% administrative fee, not less than EGP 500
- 5% for early payment calculated on the unpaid amount
- 4% over the contracted rate + EGP 50
- 0.0005% proportional stamp duty collected quarterly
Société Arabe Internationale De Banque SAIB – University Faculty Members Loan
EGP 3,178
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Features
- SAIB University Faculty Members Loans is available for teaching staff in all authorized universities in Egypt
- Minimum age of 25 year-old and a maximum of 65 year-old
- Borrower work tenor should not less than 6 months
- The Loan is offered for Egyptians only
- Quick approval process
- The minimum repayment period is 6 months
Documents Required
- Recent residence utility bill (maximum 3 months)
- Valid National ID
- Bank statement for the last 6 months
- Loan application form
- Copy of University ID card
- Salary slip includes the monthly income and job grade
Fees & Charges
- 2.25% administrative fee for personal banking
- 6% for early payment calculated on the unpaid amount
- EGP 20 each month late payment fee per instalment
- 0.0005% proportional stamp duty collected quarterly
Société Arabe Internationale De Banque SAIB – Doctors & Pharmacists Loan
EGP 2,957
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Features
- SAIB Doctors & Pharmacists Loans is available for those who have their own clinics and pharmacies
- Minimum age of 24 year-old and a maximum of 65 year-old
- Borrower work tenor should not less than 3 years
- The Loan is offered for Egyptians only
- The minimum repayment period is 6 months
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statment for last 6 months
- Loan Application form
- Taxation Card
- Commercial registration
- Profession license
- The license of the establishment
Fees & Charges
- 2.25% administrative fee for personal banking
- 6% for early payment calculated on the unpaid amount
- EGP 20 each month late payment fee per instalment
- 0.0005% proportional stamp duty collected quarterly
Société Arabe Internationale De Banque SAIB – Business Owners & Professionals Loans
EGP 10,000
Minimum Salary
EGP 3,096
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Features
- SAIB Businessmen and Professionals Loans is available for self-employed customers
- Minimum age of 25 year-old and a maximum of 65 year-old
- Borrower work tenor should not less than 2 years
- The Loan is offered for Egyptians only
- The minimum repayment period is 6 months
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statment for last 6 months
- Loan Application form
- Taxation Card
- Commercial registration
- Profession license
- The license of the establishment
Fees & Charges
- 2.25% administrative fee for personal banking
- 6% for early payment calculated on the unpaid amount
- EGP 20 each month late payment fee per instalment
- 0.0005% proportional stamp duty collected quarterly
Export Development Bank EBE – Dream Cash Loan
EGP 2,912
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Features
- EBE Dream Cash is available for Salaried customers, self-employed customers and business owners
- Minimum age of 21 year-old and a maximum of 60 year-old
- The loan could be increased during the loan tenor via the “Top-up” program
- Customers should have completed the probation period
- The Loan is offered for Egyptians and foreigners
- The availability of settling the customer’s financial obligations with other banks.
Documents Required for EBE Dream Cash
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statment for last 6 months
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
Fees & Charges
- 2% administrative fee for personal banking
- 5% for early payment calculated on the unpaid amount
- 2% and not less than EGP 100 each month late payment fee per instalment
- 0.0005% proportional stamp duty collected quarterly
Export Development Bank EBE – Pharmacists Loan
EGP 3,178
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 250,000
Competitive Interest Rate
Free life insurance
Features
- EBE Pharmacists Loan is available for pharmcists
- Minimum age of 21 year-old and a maximum of 60 year-old
- The outstanding amount of the loan could be increased during the loan tenor via the “Top-up” program, could be raised to 1M based on income proof or bank statement
- Customers should have completed the probation period
- The availability of settling the customer’s financial obligations with other banks via a “buyout” program
- No guarantor is required
- Repayment in fixed installments at different tenors
- The loan is offered in Egyptian pound only
- Availability to check your account through the online portal
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statment for last 6 months
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
- Syndicate ID
- Profession license
- Commercial registration
- Taxation card
Fees & Charges
- 2% administrative fee for personal banking
- 5% for early payment calculated on the unpaid amount
- 2% and not less than EGP 100 each month late payment fee per installment
- 0.0005% proportional stamp duty collected quarterly
Export Development Bank EBE – Doctors Loan
EGP 10,000
Minimum Salary
EGP 2,957
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 750,000
Competitive Interest Rate
Free life insurance
Features
- EBE Doctors Loan is available for doctors with various in various specialities
- Minimum age of 21 year-old and a maximum of 60 year-old
- The outstanding amount of the loan could be increased during the loan tenor via the “Top-up” program, could be raised to 1M based on income proof or bank statement
- Customers should have completed the probation period
- Offered for Egyptians and foreigners
- The availability of settling the customer’s financial obligations with other banks via a “buyout” program
- No guarantor is required
- Repayment in fixed instalments at different tenors
- The loan is offered in Egyptian pound only
- Availability to check your account through the online portal
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statment for last 6 months
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
- Syndicate ID
- Profession license
- Clinic license
Fees & Charges
- 2% administrative fee for personal banking
- 5% for early payment calculated on the unpaid amount
- 2% and not less than EGP 100 each month late payment fee per instalment
- 0.0005% proportional stamp duty collected quarterly
Société Arabe Internationale De Banque SAIB – Employees Loan
EGP 2,934
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Features
- SAIB employees loans are available for Government, public, private, business, banks, petroleum, armed forces and Multinationals sectors
- Minimum age of 21 year-old and a maximum of 60 year-old
- Customers should have completed 3months as a probation period
- The Loan is offered for Egyptians only
- The minimum repayment period is 6 months
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Bank Statment for last 6 months
- Proof of income (HR Letter or 3 months bank statements or 3 recent salary slips)
- Loan Application form
Fees & Charges
- 1.75% administrative fee for personal banking
- 6% for early payment calculated on the unpaid amount
- EGP 20 each month late payment fee per instalment
- 0.0005% proportional stamp duty collected quarterly
Al Baraka Bank – Furniture and Durable Goods Loan
EGP 3,177
Monthly Payment
Type of Loan - No Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old and the maximum age is 65 years old
- The banking Finance program is compliant with Islamic law
- An easy and quick approval process
- A cheque will be issued to the store
- 10% down payment for durable goods, 20% down payment for
- Receiving a Reward in case of early settlement
- Salary transfer is not required
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Loan Application form
Fees & Charges
- 2.5% administrative fee for personal banking
Al Baraka Bank – Albaraka Education Loan
EGP 2,810
Monthly Payment
Type of Loan - No Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old, and the maximum age is 65 years old
- The banking Finance program is compliant with Islamic law
- An easy and quick approval process
- Tuition fees could be paid for more than 1 student at the installment maturity date
- Receiving a Reward in case of early settlement
- Salary transfer is not required
- Issuing a cheque to the University or the school at the tuition installment maturity date
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Loan application form
Fees & Charges
- 2.5% administrative fee for personal banking
Al Baraka Bank – Doctors Loan
EGP 2,559
Monthly Payment
Type of Loan - No Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old, and the maximum age is 65 years old
- The banking Finance program is compliant with Islamic law
- An easy and quick approval process
- 20% down payment required
- Receiving a Reward in case of early settlement
- The monthly installment should be less than 50% of the gross income
- Salary transfer is not required
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Loan application form
Fees & Charges
- 2.5% administrative fee for personal banking
Faisal Islamic Bank FIBE – Murabaha Durable Goods Loan
EGP 2,780
Monthly Payment
Type of Loan - Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old
- Banking services compliant with Islamic law
- An easy and quick approval process
- A guarantor is required
- 5% down payment is required
- Ability to finance 100% of the good amount
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Loan Application form
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
Faisal Islamic Bank FIBE – Murabaha Education Loan without Salary Transfer
EGP 2,824
Monthly Payment
Type of Loan - No Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old
- Banking services compliant with Islamic law
- An easy and quick approval process
- No salary transfer required
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Loan Application form
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
Faisal Islamic Bank of Egypt FIBE – Murabaha Education Loan
EGP 2,778
Monthly Payment
Type of Loan - Salary Transfer
Competitive Interest Rate
Free life insurance.
Features
- The minimum age should not be less than 21 years old
- Banking services compliant with Islamic law
- An easy and quick approval process
- No salary transfer required
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Loan Application form
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
Attijariwafa Bank – Personal Loan for Salaried Customers
EGP 2,957
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Features
- Attijariwafa Personal Loan is available for Salaried customers
- Minimum age of 21 year-old and a maximum of 60 year-old
- The outstanding amount of the loan could be increased after 6 months from receiving the loan date via the “Top-up” program
- Customers should have completed the probation period
- The Loan is offered for Egyptians and foreigners
- Easy and fast approval process so you can take the loan within 3 working days
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Loan Application form
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
- EGP 100 each month late payment fee per installment
Attijariwafa Bank – Accountants Loan without Salary Transfer
EGP 2,912
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Features
- Accountant Loans are available for accountants and Banks Employees
- Minimum age of 30 year-old and a maximum of 66 year-old
- The outstanding amount of the loan could be increased after 6 months from receiving the loan date via the “Top-up” program
- Easy and fast approval process so you can take the loan within 3 working days
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Copy of recent commercial register
- Professional License for not less than 3 years
- Loan Application form
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
- EGP 100 each month late payment fee per installment
Attijariwafa Bank – Doctors Loan without Salary Transfer
EGP 2,912
Monthly Payment
Type of Loan - No Salary Transfer
Loan Amount
Up to 1,000,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Features
- Doctors Loans are available for (Doctors, Dentists, and Pharmacists)
- Minimum age of 30 year-old and a maximum of 66 year-old
- The outstanding amount of the loan could be increased after 6 months from receiving loan date via “Top-up” program
- Easy and fast approval process so you can take the loan within 3 working days
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Commitment letter to transfer the salary from the employer
- Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
- Copy of recent commercial register
- Professional License for not less than 3 years
- Loan Application form
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
- EGP 100 each month late payment fee per installment
Arab African International Bank – Education Loan (EduInvest)
EGP 2,935
Monthly Payment
Type of Loan - Salary Transfer
Competitive Interest Rate
Free life insurance.
Requirements
- Education Loan could be given to the student in case he works
- The parents /guardians could receive the loan amount in case the student doesn’t earn a fixed salary
- Minimum age of 21 year-old and a maximum of 65 year-old
- The Loan amount paid directly to the educational entity
- The customer should have an account with AAIB
- Minimum loan amount EGP 15,000 and up to EGP 500,000
- Pay in 12 equal installments yearly to the educational entity
- Pay interest only for the first 3 years
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Commitment letter to transfer the salary from the employer
- Approved statement of tuition expenses for students
Fees & Charges
- 2% commission fees
- 3% for early full payment
- 2% late payment fee per installment
- 0.0005% every 3 months stamp duty
Arab African International Bank – Cash Loan With Salary Transfer
EGP 2,890
Monthly Payment
Type of Loan - Salary Transfer
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls with AAIB
- Minimum age of 21 year-old and a maximum of 65 year-old
- The customer should be employed at least 6 months
- The customer should have an account with AAIB
- Minimum loan amount EGP 15,000 and up to EGP 1,500,000
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2.% commission fees
- 5% for early full payment
- 2% late payment fee per installment
- 0.0005% every 3 months stamp duty
Arab African International Bank – Tabeeb Loan
EGP 15,000
Minimum Salary
EGP 3,150
Monthly Payment
Type of Loan - Salary Transfer
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls with AAIB
- Minimum age of 30 year-old and a maximum of 65 year-old
- The customer should have an account with AAIB
- Availability to increase the outstanding balance amount
- The Loan Term 7 years and under specific conditions could be extended
- The monthly installment could be deferred 3 times/year
- Customer should not ask for a loan amount less than EGP 5,000 or more than EGP 750,000
- The Loan Designed for doctors, pharmacists, pathologists and dentists
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2.% commission fees
- 5% for early full payment
- 2% late payment fee per installment
- 0.0005% every 3 months of stamp duty
Arab African International Bank – Cash Loan without Salary Transfer
EGP 2,779
Monthly Payment
Type of Loan - Salary Transfer
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls with AAIB
- Minimum age of 21 year-old and a maximum of 65 year-old
- The customer should be employed at least 6 months
- The customer should hold an account with AAIB
- Minimum loan amount EGP 15,000 and up to EGP 1,500,000
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2.% commission fees
- 5% for early full payment
- 2% late payment fee per installment
- 0.0005% every 3 months stamp duty
Arab African International Bank – Tabeeb Loan for Medical Equipments
EGP 10,000
Minimum Salary
EGP 3,000
Monthly Payment
Type of Loan - Salary Transfer
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls with AAIB
- Minimum age of 21 year-old and a maximum of 65 year-old
- Availability to finance up to 80% from the equipment value
- The customer should have an account with AAIB
- The Loan Term 5 years and under specific conditions could be extended
- Monthly installment could be deferred 3 times/year
- Customer should not ask for a loan amount less than EGP 5,000 or more than EGP 1,000,000
- The Loan is available for Doctors, pharmacists, pathologists and dentists
- The loan could be used for clinics and laboratories renovations
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2.% commission fees
- 5% for early full payment
- 2% late payment fee per installment
- 0.0005% every 3 months stamp duty
QNB ALAHLI – Personal Loan with Salary Transfer
EGP 2,744
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls through QNB ALAHLI
- Minimum age of 21 year-old and a maximum of 60 year-old
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- commitment letter to transfer the salary from the employer
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
- 5% late payment fee per installment
QNB ALAHLI – Personal Loan without Salary Transfer
EGP 2,899
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls through QNB ALAHLI
- Minimum age of 21 year-old and a maximum of 60 year-old
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
- 5% late payment fee per installment
QNB ALAHLI – Personal Loan (Express Loan)
EGP 2,789
Monthly Payment
up to 100,000
Loan Amount
Type of Loan - Salary Transfer
Loan Amount
Up to 100,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls through QNB ALAHLI
- Minimum age of 21 year-old and a maximum of 60 year-old
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Loan application form
Fees & Charges
- 2.5% administrative fee for personal banking
- 5% for early full payment
- 5% late payment fee per installment
Suez Canal Bank – Pensioners Loans
EGP 2,779
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 500,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls through Suez Canal Bank
- Minimum age of 21 year-old and a maximum of 60 year-old
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Salary Certificate( income Proof)
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2% administrative fee
- 5% for early payment
- 4% for late payment
- ُEGP 150 data verification fee
- 0.0005% proportional stamp duty collected quarterly
Suez Canal Bank – Personal Loan without Salary Transfer
EGP 2,824
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls through Suez Canal Bank
- Minimum age of 21 year-old and a maximum of 60 year-old
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Salary Certificate( income Proof)
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2% administrative fee
- 5% for early payment
- 4% for late payment
- ُEGP 150 data verification fee
- 0.0005% proportional stamp duty collected quarterly
Suez Canal Bank – Personal Loan with Salary Transfer
EGP 2,779
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls through Suez Canal Bank
- Minimum age of 21 year-old and a maximum of 60 year-old
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Salary Certificate
- Commitment letter to transfer the salary from the employer
Fees & Charges
- 2% administrative fee
- 5% for early payment
- 4% for late payment
- ُEGP 150 data verification fee
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Secured Cash Loan
EGP 2,691
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 100,000,000
Loan Term
Up to 10 years.
Competitive Interest Rate
Free life insurance.
Requirements
- The highest credit ratio is 90% of the warranty value
- Minimum age of 21 year-old and a Maximum of 65 year-old
Documents Required
- Loan application form
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Certificate of commercial rulings (bankruptcy and protest)
Fees & Charges
- 1% administrative fee up to EGP 100,000
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Pensioners Loans
EGP 2,757
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 500,000.
Competitive Interest Rate
Free life insurance.
Requirements
- No guarantor required
- Bank account
- Transfer the pension to the bank account
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Recent pension Certificate
- Loan application form
Fees & Charges
- 2% administrative fee
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Personal Loan for Business Owners
EGP 2,890
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 500,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Self Employed customers
- Minimum age of 21 year-old and a Maximum of 60 year-old
- No guarantor required
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- A monthly income statement
- Loan application form
- Taxation card copy
- Recent commercial register (maximum 3 months)
- Copy of the latest update for the company foundation contract, specifying the partner’s share
- Certificate of commercial rulings (bankruptcy and protest)
Fees & Charges
- 1% administrative fee up to EGP 100,000
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Personal Loan for Doctors Based on Years in Business
EGP 2,766
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 500,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Self Employed customers
- Minimum age of 21 year-old and a Maximum of 60 year-old
- No guarantor required
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- A monthly income statement
- Loan application form
- Taxation card copy
- Copy of authorization profession practice
- Syndicate Card Copy
- Copy of Clinic license
Fees & Charges
- 1% administrative fee up to EGP 100,000
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Personal Loan for Doctors with Income Proof
EGP 3,044
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 750,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Self Employed customers
- Minimum age of 21 year-old and a Maximum of 60 year-old
- No guarantor required
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- A monthly income statement
- Loan application form
- Copy from taxation card
- Copy of authorization profession practice
Fees & Charges
- 2% administrative fee
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Personal Loan for Self Employed
EGP 2,964
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 500,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Self Employed customers
- Minimum age of 21 year-old and a Maximum of 60 year-old
- No guarantor required
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- A monthly income statement
- Loan application form
- Copy from taxation card
- Copy of authorization profession practice
Fees & Charges
- 1% administrative fee up to EGP 100,000
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Personal Loan for Petrol Industries and Telecom Companies
EGP 2,809
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees should not be at companies that distribute payrolls through Banque Misr
- Minimum age of 21 year-old and a maximum of 60 year-old
- The loan is applied for Government/Public, private sector employees, banks employees, petrol and petrochemical industries, and telecommunications companies
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Loan application form
Fees & Charges
- 1% administrative fee from EGP 100 up to EGP 100,000
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Personal Loan With Proof of Income (Payroll)
EGP 2,860
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees at companies that distribute payrolls through Banque Misr
- Minimum age of 21 year-old and a Maximum of 60 year-old
- Egyptian nationality
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Recent Salary certificate letter ( maximum 2 months)
- Minimum salary transfer period one month only
- Loan application form
Fees & Charges
- 2% administrative fee
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Banque Misr – Personal Loan for Government, Private Sector and Banks Employees
EGP 2,809
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees should not be at companies that distribute payrolls through Banque Misr
- Minimum age of 21 year-old and a maximum of 60 year-old
- The loan is applied for Government/Public, private sector employees, banks employees
Documents Required
- Valid National ID
- Recent residence utility bill (maximum 3 months)
- Minimum salary transfer period one month only
- Loan application form
Fees & Charges
- 1% administrative fee up to EGP 100,000
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Bank Audi – Personal Loan with Salary Transfer
EGP 2,793
Monthly Payment
Type of Loan - Personal Loan with Salary Transfer
Loan Amount
Up to EGP 750,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Minimum age of 21 year-old and a Maximum of 60 year-old
- Salary should be transferred to any bank
- You must have completed your probation period with your current employer
- Available to Egyptians and foreigners
Documents Required
- Valid National ID
- Recent utility bill (electricity, gas, etc.) of current residence
- Loan application
- Proof of income documents(HR letter or bank statement or Rent contract)
Fees & Charges
- 125 late payment fee
- 6% for early full/partial settelment
Banque Misr – Personal Loan With Salary Transfer (Private Sector)
EGP 2,680
Monthly Payment
Type of Loan - Private Sector with Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees transferring their payroll
- Minimum age of 21 year-old and a Maximum of 60 year-old
- Egyptian nationality
Documents Required
- Valid National ID
- Recent residence utility bill
- HR letter
- Employer letter of obligation according to pre-verified forms
- Loan application form
Fees & Charges
- 2% administrative fee
- 5% for early full/partial settlement
- 24% late payment fee per installment calculated per year
- 0.0005% proportional stamp duty collected quarterly
Crédit Agricole – Self Employed Loan
EGP 3,233
Monthly Payment
Type of Loan - Self Employed
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Business owners/partners and professionals
- Minimum age of 25 years old and a maximum of 65 years old
- Egyptian nationality
Documents Required
- Valid National ID
- Company’s formation contract or official Gazette in case of non-sole ownership companies
- Valid commercial register or license of the profession if available
- Valid taxation card
- Last 12 months personal or business bank statement
- Recent residence utility bill
Fees & Charges
- 2% administrative fee
- 5% Late payment fee
- 5% for early full/partial settlement
- 10% plus EGP 500 Check Processing fees for early settlement through a buy-out
- 0.5 % (with min of EGP 100, max EGP 500) re-scheduling Fees
- EGP 150 for unsecured cash loans enquiry fees
Crédit Agricole – Personal Loan without Salary Transfer
EGP 3,097
Monthly Payment
Type of Loan - Without Salary Transfer
Loan Amount
Up to EGP 500,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employed salaried customers
- Minimum net monthly salary EGP 3,500
- Minimum working experience at the company 6 months
- Minimum age of 22 year-old and a maximum of 60-year-old at loan maturity
- Egyptian nationality
Documents Required
- Valid National ID
- Recent residence utility bill
- HR letter or last 6 months’ salary slips
Fees & Charges
- 2% administrative fee
- 5% Late payment fee
- 5% for early full/partial settelment
- 10% plus EGP 500 Check Processing fees for early settelment through a buy-out
- 0.5 % (with min of EGP 100, max EGP 500) re-scheduling Fees
- EGP 150 for unsecured cash loans enquiry fees
Crédit Agricole – Salary Transfer Personal Loan
EGP 3,075
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Competitive Interest Rate
Free life insurance.
Requirements
- Employees transferring their payroll to CAE
- Minimum age of 21 year-old and a Maximum of 60 year-old
- Egyptian nationality
Documents Required
- Valid National ID
- Recent residence utility bill
- HR letter
- Company undertaking
Fees & Charges
- 2% administrative fee
- 5% Late payment fee
- 5% for early full/partial settlement
- 10% plus EGP 500 Check Processing fees for early settlement through a buy-out
- 0.5 % (with min of EGP 100, max EGP 500) re-scheduling Fees
- EGP 150 for unsecured cash loans enquiry fees
HSBC – Premier Personal Loan
EGP 2,766
Monthly Payment
Type of Loan - HSBC Premier
Loan Amount
Up to EGP 1,500,000
Competitive Interest Rate
Access to EGP 900,000 loan with no hassle
Requirements
- Minimum age of 21 and maximum age of 65 at the end of the finance repayment period
- Your employer must be on the bank’s approved employer list
- Minimum fixed gross monthly income of EGP 3,000
- You must have completed your probation period with your current employer
- You should have Egyptian nationality (or have a valid passport and valid residency in Egypt if you are a foreigner)
Documents Required
- Valid National Identification Card for Egyptians or valid passport and valid residency for foreigners
- Recent income or instalment transfer letter in the bank’s standard format
- Recent telephone, electricity or gas utility bill (maximum 3 months old)
Fees & Charges
- 2% administrative fee for personal banking, HSBC Advance and HSBC Premier
- 5% for early full/partial settlement
- EGP 75 late payment fee per installment
- 4% annually on overdue interest
HSBC – Standard Personal Loan
EGP 2,810
Monthly Payment
Type of Loan - Without Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Competitive Interest Rate
No first-year annual fees on credit card.
Requirements
- Minimum age of 21 and maximum age of 65 at the end of the finance repayment period
- Minimum 1 year with your current employer
- Minimum fixed gross monthly income of EGP 3,000
- You must have Egyptian nationality
Documents Required
- Valid National Identification Card
- Recent income letter on the employer’s letterhead including position held, length of employment with the current employer, income breakdown, gross and net amounts
- Recent telephone, electricity or gas utility bill (maximum 3 months old) with a minimum consumption amount of EGP 9 for electricity, EGP 3 for gas and EGP 36 for Telephone bills
- Last 3 month of bank statements or income slips
Fees & Charges
- 2% administrative fee for personal banking, HSBC Advance and HSBC Premier
- 5% for early full/partial settlement
- EGP 75 late payment fee per installment
- 4% annually on overdue interest
HSBC – Advanced Personal Loan
EGP 2,779
Monthly Payment
Type of Loan - Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Competitive Interest Rate
Flexibility to top up finance amount.
Requirements
- Minimum age of 21 and maximum age of 65 at the end of the finance repayment period
- Your employer must be on the bank’s approved employer list
- Minimum fixed gross monthly income of EGP 3,000
- You must have completed your probation period with your current employer
- You should have Egyptian nationality (or have a valid passport and valid residency in Egypt if you are a foreigner)
Documents Required
- Valid National Identification Card for Egyptians or valid passport and valid residency for foreigners
- Recent income or instalment transfer letter in the bank’s standard format
- Recent telephone, electricity or gas utility bill (maximum 3 months old)
Fees & Charges
- 2% administrative fee for personal banking, HSBC Advance and HSBC Premier
- 5% for early full/partial settlement
- EGP 75 late payment fee per installment
- 4% annually on overdue interest
Banque Du Caire – Personal Loan for Self Employed
EGP 2,406
Monthly Payment
Type of Loan - Employed Private Sector With Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Free Life Insurance
Mobile banking.
Requirements
Documents Required
- Bank statement (12 months)
- Recent extraction of the commercial register (maximum 3 months old)
- Copy of valid national ID
- Valid taxation card
- Recent telephone, electricity or gas utility bill (maximum 3 months old)
Fees & Charges
- 2% administrative fee for salaried and pensioner customers
- 2.5% administrative fee for self-employed customers
- 3% (minimum EGP 200) early settlement fees for variable loans, 5% for fixed loans
- 7% (minimum EGP 200) early settlement fee for draft cheque
- 2% late payment fee above the applied interest rate on past due amounts with a minimum of EGP 30
- EGP 30 I-Score fee
- EGP 200 debit balance certificate
- EGP 25 for a clearance letter
Banque Du Caire – Personal Loan for Government Employees and Public Sectors
EGP 2,406
Monthly Payment
Type of Loan - Employed Private Sector with No Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Loan Term
Up to 12 years.
Free Life Insurance
Mobile banking.
Requirements
- Customer’s age between 21 Years and 65 Years at loan end
Documents Required
- HR letter with monthly salary & employment date
- Copy of valid national ID card
- Recent telephone, electricity or gas utility bill (maximum 3 months old)
Fees & Charges
- 2% administrative fee for salaried and pensioner customers
- 2.5% administrative fee for self-employed customers
- 3% (minimum EGP 200) early settlement fees for variable loans, 5% for fixed loans
- 7% (minimum EGP 200) early settlement fee for draft cheque
- 2% late payment fee above the applied interest rate on past due amounts with a minmum of EGP 30
- EGP 30 I-Score fee
- EGP 200 debit balance certificate
- EGP 25 for a clearance letter
ALEXBANK – Pensioners Loan
EGP 2,735
Monthly Payment
Type of Loan - Pensioners Loans
Loan Amount
Up to EGP 1,500,000.
Loan Term
Up to 12 years.
Free Life Insurance
Extended loan term.
Requirements
- Customer age: doesn’t exceed 65 years
Documents Required
- Pension undertaking to ALEXBANK for full pension transfer
- Copy of valid national ID
- Recent telephone, electricity or gas utility bill (maximum 3 months old)
Fees & Charges
- 2% administrative fee for salaried and pensioner customers
- 2.5% administrative fee for self-employed customers
- 3% (minimum EGP 200) early settlement fees for variable loans, 5% for fixed loans
- 7% (minimum EGP 200) early settlement fee for draft cheque
- 2% late payment fee above the applied interest rate on past due amounts with a minimum of EGP 30
- EGP 30 I-Score fee
- EGP 200 debit balance certificate
- EGP 25 for a clearance letter
ALEXBANK – Self Employed Loans
EGP 2,735
Monthly Payment
Type of Loan - with Salary Transfer
Loan Amount
Up to EGP 1,000,000.
Free Life Insurance
Mobile banking.
Requirements
- Customer’s age between 21 Years and 65 Years at loan end
- Minimum length of business: 2 years
Documents Required
- Bank statement (12 months)
- Recent extraction of the commercial register (maximum 3 months old)
- Copy of valid national ID
- Valid taxation card
- Recent telephone, electricity or gas utility bill (maximum 3 months old)
Fees & Charges
- 2% administrative fee for salaried and pensioner customers
- 2.5% administrative fee for self-employed customers
- 3% (minimum EGP 200) early settlement fees for variable loans, 5% for fixed loans
- 7% (minimum EGP 200) early settlement fee for draft cheque
- 2% late payment fee above the applied interest rate on past due amounts with a minimum of EGP 30
- EGP 30 I-Score fee
- EGP 200 debit balance certificate
- EGP 25 for a clearance letter
ALEXBANK – Employed Customers
EGP 2,735
Monthly Payment
Type of Loan - with Salary Transfer
Loan Amount
Up to EGP 1,500,000.
Loan Term
Up to 12 years.
Free Life Insurance
12 months deferred payment.
Requirements
- Customer’s age between 21 Years and 65 Years at loan end
- Minimum employment duration: 3 months
Documents Required
- HR letter with monthly salary & employment date
- Recent telephone, electricity or gas utility bill (maximum 3 months old)
- Copy of valid national ID
Fees & Charges
- 2% administrative fee for salaried and pensioner customers
- 2.5% administrative fee for self-employed customers
- 3% (minimum EGP 200) early settlement fees for variable loans, 5% for fixed loans
- 7% (minimum EGP 200) early settlement fee for draft cheque
- 2% late payment fee above the applied interest rate on past due amounts with a minimum of EGP 30
- EGP 30 I-Score fee
- EGP 200 debit balance certificate
- EGP 25 for a clearance letter
Commercial International Bank CIB – Personal Loan
EGP 2,691
Monthly Payment
Type of Loans - Salary/Non Salary Transfer
Loan Amount
Up to EGP 2,000,000.
Free Life Insurance
Without guarantor.
Requirements
- Customer’s age between 21 years and 60 years (65 years for self-employed) at loan end
Documents Required
- Recent HR Letter or three salary slips or bank statement for the last six months
- Copy of valid national ID card
- Recent telephone, electricity or gas utility bill (maximum three months)
For Self Employed
- Last six months account statement (personal or corporate)
- Original commercial register or work permit
Fees & Charges
- 1.5% from loan amount in Case of; salary transfer with the undertaking to notify the bank in case service ended or secured facilities by CDs/TDs. 2% for any other Type of Customers – (paid once)
- EGP 150 assessment fees
- EGP 20 monthly service charge
- 5% late payment fee on the amount due
- 5% early settlement fee (full/partial) on the total paid amount
- 2% on the remaining balance for rescheduling
National Bank of Egypt NBE – Banks Employees Loan
EGP 2,450
Monthly Payment
Type of Loan - without Salary Transfer
Loan Amount
Up to EGP 700,000.
Free Life Insurance
Without guarantor.
Requirements
- Customer’s age between 21 Years and 60 Years at loan end
Documents Required
- HR letter with monthly salary & employment date
- The employer’s undertaking to transfer borrower’s monthly salary or installment to the bank till full loan repayment
- Copy of valid national ID
- Bank Statement For Last 6 Months
Fees & Charges
- Administrative fees 2 % of loan value till 7 years with minimum EGP 250 & 3% of loan value for more than 7 years with minimum 250 EGP
- Early settlement fees 3% if paid in cash, 10% if paid with any other payment tool
- Late payment fees EGP 20 monthly + 2% of the unpaid installment
National Bank of Egypt NBE – Petroleum Sector Employees Loan
EGP 2,450
Monthly Payment
Type of Loan - Without Salary Transfer
Petroleum Sector Employees
Private and Multinational Employees
Loan Amount
Up to EGP 500,000.
Loan Term
Up to 4 years. (5 years for private sectores).
Free Life Insurance
Without guarantor.
Requirements
- Customer’s age between 21 Years and 60 Years at loan end
Documents Required
- HR letter with monthly salary & employment date
- Recent Electricity bill with minimum EGP 25
- Copy of valid National ID
- Bank Statment
Fees & Charges
- Administrative fees 2 % of loan value till 7 years with minimum 250 EGP & 3% of loan value for more than 7 years with minimum 250 EGP
- Early settlement fees 3% if paid in cash, 10% if paid with any other payment tool
- Late payment fees 20 EGP monthly + 2% of the unpaid installment
National Bank of Egypt NBE – Government and Public Sector Employees Loan
EGP 2,450
Monthly Payment
Type of Loan - Without Salary Transfer
Loan Amount
Up to EGP 30,000.
Free Life Insurance
Without guarantor.
Requirements
- Customer’s age between 21 Years and 60 Years at loan end
Documents Required
- HR letter with monthly salary & employment date
- Recent Electricity bill with minimum EGP 25
- Copy of valid National ID
Fees & Charges
- Administrative fees 2 % of loan value till 7 years with minimum 250 EGP & 3% of loan value for more than 7 years with minimum 250 EGP
- Early settlement fees 3% if paid in cash, 10% if paid with any other payment tool
- Late payment fees 20 EGP monthly + 2% of the unpaid installment
National Bank of Egypt NBE – Business Owners and Self Employed Loans
EGP 2,450
Monthly Payment
Up to 700,000
Loan Amount
Loan Amount
Up to EGP 700,000. (up to EGP 1M for doctores).
Free Life Insurance
Without guarantor.
Requirements
- A minimum of 3 years of business operation for NBE customers (to be NBE customer minimum one year), and 5 years for non-NBE customers.
- Customer’s age between 21 Years and 65 Years at the loan maturity date.
Documents Required
- Copy of a valid National ID
- Copy of title documents or lease contract of business premises
- A recent utility bill of residence and business premises
- Copy of valid tax card, indicating business start date and card expiry date
- A recent extract of the commercial register (with maximum 3 months since issuing) or copy of the business license
- Corporate charter and a summary thereof, indicating equity participation shares (for business owners)
- Certified personal or corporate bank statement of account for the last year
Fees & Charges
- Administrative fees 2 % of loan value with a minimum of 300 EGP paid once and in advance
- Early settlement fees 3% if paid in cash, 5% if paid with any other payment tool
- Late payment fees 20 EGP monthly + 2% of the unpaid installment
National Bank of Egypt – Private and Multinational Employees Listed with NBE
EGP 2,475
Monthly Payment
Type of Loan - with Salary Transfer
Loan Amount
Up to EGP 1,000,000. (up to EGP 2M with end of service dues transfer).
Loan Term
Up to 10 years.
Free Life Insurance
Without guarantor.
Requirements
- Customer’s age between 21 Years and 60 Years at loan end
Documents Required
- HR letter with monthly salary & employment date
- The employer’s undertaking to transfer borrower’s monthly salary or installment to the bank till full loan repayment
- Copy of valid national ID
- Recent electricity bill
Fees & Charges
- Administrative fees 2 % of loan value till 7 years with minimum EGP 250 & 3% of loan value for more than 7 years with minimum 250 EGP
- Early settlement fees 3% if paid in cash, 10% if paid with any other payment tool
- Late payment fees EGP 20 monthly + 2% of the unpaid installment
National Bank of Egypt NBE – Government and Public Sector Employees
EGP 2,450
Monthly Payment
Type of Loan - with Salary Transfer
Loan Amount
Up to EGP 1,500,000. (up to EGP 2M with end of service dues transfer).
Loan Term
Up to 10 years.
Free Life Insurance
Without guarantor.
Requirements
- Customer’s age between 21 Years and 60 Years at loan end
Documents Required
- HR letter with monthly salary & employment date
- The employer’s undertaking to transfer borrower’s monthly salary or installment to the bank till full loan repayment
- Copy of valid national ID
Fees & Charges
- Administrative fees 2 % of loan value till 7 years with minimum EGP 250 & 3% of loan value for more than 7 years with minimum 250 EGP
- Early settlement fees 3% if paid in cash, 10% if paid with any other payment tool
- Late payment fees 20 EGP monthly + 2% of the unpaid installment
Mashreq Bank – Personal Loan without Salary Transfer
EGP 2,475
Monthly Payment
Loan Amount
Up to EGP 1,320m.
Loan Term
loan term can very from 3 to 9 years.
Quick Processing
No collateral of guarantors required.
Requirements
- Minimum age of 21 year-old and a Maximum of 60 year-old
- Your employer must be on the bank’s approved employer list
- You must have completed your probation period with your current employer
- A credit cardholder or property owner, operating clinic and pharmacy owners
Documents Required
- Copy of National ID
- Utility bill
- Salary letter Or 3 months’ Salary Slips Or 3 months bank statement showing monthly salary
Fees & Charges
- 2.5% administrative fee starting from EGP 500
- 1% of insurance fees
- 7% for early full
- 5% for partial settlement
- EGP 100 late payment fee per installment calculated per year
- 0.05% proportional stamp duty collected quarterly
Mashreq Bank – Personal Loan with Salary Transfer
EGP 2,475
Monthly Payment
Loan Amount
Up to EGP 1,320m.
Loan Term
loan term can very from 3 to 9 years.
Overdraft Facility
Access to revolving overdraft at up to twice your salary
Requirements
- Minimum age of 21 year-old and a Maximum of 65 year-old
- No guarantors required
- Employees at companies that distribute payrolls through Mashreq bank
Documents Required
- Copy of National ID
- Utility bill
- Salary transfer letter
Fees & Charges
- 1.5% administrative fee starting from EGP 300 and up to EGP 5,000
- 1% of insurance fees
- 7% for early full
- 5% for partial settlement
- EGP 100 late payment fee per installment calculated per year
- 0.05% proportional stamp duty collected quarterly
