بنك مصر

Banque Misr – Secured Cash Loan

14%

Advertised Rate

2,691

Monthly Repayment

Up to 100M

Loan Amount

Type of Loan - Salary Transfer

No Salary Transfer

With Salary Transfer

Features & Benefits

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
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