البنك الخليجي المصري

EG Bank – Used Cars Loan

Features & Benefits

  • Finance up to 60% of car’s value
  • Loan amount can reach up to EGP 500,000
  • Pay over 5 years

Eligibility & Documents Required

  • Minimum age 21 years old for salaried employees, Maximum 60 years
  • Car price quotation dated and with car specifications
  • Copy of valid national Identification card
  • Valid work permit for foreigners or a passport copy
  • A valid driving license card
  • Recent utility bill (gas, electricity, water, telephone)
  • Detailed proof of income required
  • Down payment to be deposited directly to the bank


This is a representative example of what it may cost: 19% APR Representative based on a loan of EGP 100,000 repayable over 48 months at an interest rate of 19% pa (fixed). Monthly repayment of EGP 2,911. Total amount payable EGP 139,800

 

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