بنك مصر

Banque Misr – Personal Loan for Self Employed

18.5%

Advertised Rate

2,964

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 5 years.

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

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