National Bank of Kuwait NBK – Instalments Transfer Loan

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