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National Bank of Kuwait NBK – Instalments Transfer Loan

13%

Advertised Rate

2,647

Monthly Repayment

2,000,000

Loan Amount

Type of Loan -No Salary Transfer

No Salary Transfer

With Salary Transfer

Features & Benefits

Loan Amount

Up to EGP 2,000,000.

Loan Term

Up t 8 years.

Competitive Interest Rate

Free life insurance.

Features

  • NBK installment transfer Loan is available for Egyptians only
  • Minimum age of 21 year-old and a maximum of 60 year-old
  • The minimum loan amount is EGP 20,000
  • No guarantor is required
  • The availability of settling the customer’s financial obligations with other banks.
  • The ability to access your account through the online portal

Documents Required

  • Valid National ID
  • Recent residence utility bill (maximum 3 months)
  • Bank Statement for the last 3 months
  • Proof of income (HR Letter OR 3 months bank statements OR 3 recent salary slips)
  • Loan Application form
  • Profession practice permit
  • An undertaking letter from employer to transfer Salary or Installment to NBK Egypt

Fees & Charges

  • 2% administrative fee
  • 5% for early payment calculated on the unpaid amount
  • 4% for late payment
  • 0.0005% proportional stamp duty collected quarterly

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