Abu Dhabi Islamic Bank ADIB – El Yosr Doctors and Pharmacists Loan

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