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BM NEWS

Banque Misr Launches a Promotional Campaign to Exempt Personal Loans and Murabaha Clients from All Administrative Fees
12/10/2021

Banque Misr launched a promotional campaign extending through the end of the year to exempt customers of personal loans and Murabaha from all administrative fees, in light of the Bank’s keenness to accommodate the needs of different customers and to alleviate financial burdens coinciding with the start of the new academic year. The intended exemption shall apply to all customer segments, employees of the public and private sector, business owners, pensioners and customers of the Bank’s deposit instruments.

Worth noting is that the personal loans offered by Banque Misr deliver numerous benefits and privileges; such as low interest rates, payment durations extending to 10 years and various payment term options (monthly or annual installments). Moreover, customers of deposit instruments are able to acquire personal financing up to 90% of the value of collateral and without a maximum limit, for payment durations of up to 10 years – without any administrative fees throughout the term of the campaign. They are also able to select the payment terms (monthly or quarterly installments).

Moreover, customers are able to apply for personal loans online using BM Online and the internet banking service, which facilitates the process for customers and furthers the Bank’s digital transformation. It also offers customers the ability to access their account details, perform financial transactions around the clock – for free or against nominal fees – as well as reserve appointments at BM branches; thus saving valuable time and effort.

BM Online also enables customers to manage credit cards, deposits and loans; transfer between the customer’s accounts within the Bank in a few easy steps; as well as transfers to other accounts inside and outside Banque Misr. Customers are also able to request the issuance or stoppage of cheque books / debit cards, perform their daily banking and payment transactions safely and conveniently, anywhere and at any time through PCs and smart phones.

Banque Misr keenly seeks to fulfil the requirements of its customers, in order to effectively contribute to developing and advancing society, as it consistently works on differentiating its services to maintain its long-standing success, while proactively partaking in services that fulfil the requirements of customers. The values and strategies of Banque Misr reflect its commitment to achieving sustainable development and prosperity for Egypt.