Employer is not contracted for salary transfer ( o.t.c. )

                                               

Program Details:

  1. Maximum loan amount up to EGP  1 million (EGP 500,000 for private sector)
  2. Maximum loan tenor up to 10 years ( 5 years for private sector )
  3. Competitive interest rate
  4. Least  inclusive administrative fees
  5. Free insurance coverage against death and total disability.
  6. no guarantor is required
  7. maximum  installments deduction equivalent to 35% of  monthly net income
  8. Option to take over other banks outstanding loans
  9. Current account free of charge

Required documents

  1. Loan application form
  2. Recent salary particular  (at most  previous 2 months)
  3. Valid National Identity
  4. Recent utility bill (at most previous 3 months)
  5. Employer Letter of obligation according to pre-verified forms

 

** Terms and conditions to be applied