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BM Cash

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Programs details

 

1-      Program 1 - According to obligation of transferring salary or installment accompanied with end of service dues

2-      Program 2 - According to obligation of transferring salary or installment without end of service dues

3-      Program 3 - Without obligation ( for companies transferring salary via salary cards )

 

Cash loans against salary transfer programs

 

Common specifications

 

·         Longest payback period ( loan tenor ) up to 10 years for public sector & 5 years for private sector.

·         Biggest loan amount up to EGP 500,000 ( except for 3rd program 

  ·       Least interest rate

·         Free administrative fees ( special offer for a limited time )

·        Applicant age range min 21 years & max 65 years at loan maturity date

·        Maximum monthly deduction ( installment ) equivalent to 60% net monthly salary \ revenue

·      Free life insurance for applicant during loan life

·       No guarantor required

 ·   3 months Minimum period in current occupation  

 

Required documents

 

-          Recent salary particular ( maximum past two months )

-          Verified form of obligation ( salary transfer ) from occupation origin ( not applicable for 3rd program )

-          Recent utility bill ( maximum past three months )

-          Copy of applicant valid id

 

 

** Terms and conditions applied​