ALEXBANK – Pensioners Loan

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