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Durable goods loan


Purchases of all types of durable goods (furniture, electronic appliances, home appliances, home solar panels, computers, tablets, other electronic goods, etc.) are financed by the bank.


Durable goods loan is granted to Egyptians through the following financing programs:

  • Employees whose employers pledge to transfer the salary/monthly installment.
  • Employees with proof of income certificate.
  • Self-employed.
  • Those to whom pension is due (in case the pension is transferred with / without the entity’s pledge).
  • Saving schemes holders/owners (Egyptians and foreigners).


General conditions for granting the loan:

  • Competitive interest rate
  • The borrower’s age should be no less than 21-years-old and no older than 65 at the time of the maturity of the loan, according to the type of financing program.
  • Maximum value of the loan is EGP 500,000 (under certain conditions).
  • Funding percentage reaches up to 100% (under certain conditions).
  • Financing for up to 120 months (under certain conditions).


Required documents:

  • Copy of a valid photo ID.
  • An original copy of a payment bill sent to the customer's address.
  • Quotations for the good(s) are certified by the importers that have contracted with the bank.

For employees:

  • A salary payroll is required.
  • Employer's pledge to transfer the salary/monthly installment (in case the employer accepts to undertake such an initiative).

For self-employed and commercial and industrial activities owners:

  • A copy of the tax card.
  • A copy of the license/permit to practice the profession (for liberal professions).
  • A copy of a recent commercial offprint of the same month from the commercial registry (for commercial and industrial activities).
  • Bank statement for last 6 Months

For pensioners:

  • Value of the monthly pension statement from the entity paying the pension.
  • Beneficiaries of the pension statement (in the case of persons entitled to pensions).
  • A pledge to transfer the pension (in case the entity paying the pension undertook transferring it).


Additional benefits:

  • The customer is granted a free life insurance document throughout the period of the loan.


*Terms and conditions apply