Blom_bank_Egypt

BLOM Bank Egypt – Mortgage Loan

3%

Advertised Rate

2,219

Monthly Repayment

Up to 1M

Loan Amount

Type of Loan

Middle Income

Features & Benefits

Loan Amount

Up to EGP 1,000,000.

Loan Term

Up to 20 years.

Free Life and disability insurance

No I-Score fees.

Requirements

  • Egyptain residents only
  • The apartment should be fully finished and ready for housing, including all utilities (electricity and water meters)
  • Finance up to 80% of the total amount
  • 20% down payment is required

Documents Required

  • A copy of valid national ID
  • Family registration certificate
  • Recent utility bill
  • Proof of income

Fees & Charges

  • 2% fees on past due to instalments

This is a representative example of what it may cost: 3% APR Representative based on a loan of EGP 500,000 with 20% deposit repayable over 240 months at an interest rate of 3% (fixed). Monthly repayment of EGP 2,219.

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