Suez Canal Bank – Pensioners Loans

قروض المعاشات بنك قناة السويس

Suez Canal Bank – Pensioners Loans

16%

Advertised Rate

2,779

Monthly Repayment

Up to 500K

Loan Amount

Type of Loan - Salary Transfer

No Salary Transfer

With Salary Transfer

Features & Benefits

Loan Amount

Up to EGP 500,000.

Loan Term

Up to 10 years.

Competitive Interest Rate

Free life insurance.

Requirements

  • Employees at companies that distribute payrolls through Suez Canal Bank
  • Minimum age of 21 year-old and a maximum of 60 year-old

Documents Required

  • Valid National ID
  • Recent residence utility bill (maximum 3 months)
  • Salary Certificate( income Proof)
  • Commitment letter to transfer the salary from the employer

Fees & Charges

  • 2% administrative fee
  • 5% for early payment
  • 4% for late payment
  • ُEGP 150 data verification fee
  • 0.0005% proportional stamp duty collected quarterly

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