بنك مصر

Banque Misr – Pensioners Loans

15.5%

Advertised Rate

2,757

Monthly Repayment

Up to 500K

Loan Amount

Type of Loan - Salary Transfer

No Salary Transfer

With Salary Transfer

Features & Benefits

Loan Amount

Up to EGP 500,000.

Loan Term

Up to 8 years.

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
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