Skip Ribbon Commands
Skip to main content

Car Loans

Auto Loans


​Auto Loans are granted to Egyptians through the following finance schemes:

  • Employees with a pledge from their employing company to transfer the monthly salary or installment.
  • Employees with proof of income certificate.
  • Employees without proof of income.
  • Self-employed professionals and business owners with proof of income.
  • Self-employed professionals and business owners without proof of income.
  • Loans guaranteed against savings deposits (Egyptians and foreigners)


General conditions for granting the loan:

  • Competitive interest rate
  • The debtor must be at least 21 years old
  • No maximum cap for loans (terms applicable)
  • Financing up to 100% of the value of the vehicle
  • Loan terms up to 120 months

 Required documents:

  • Copy of a valid national ID card
  • Recent original utility bill (gas, electricity, water, telephone)
  • Validated price list from car showroom

For employees:

  • A certificate of income is required
  • Employer's pledge to transfer the monthly salary or installment

For self-employed, commercial and industrial business owners:

  • Copy of tax card
  • Copy of license/permit to practice the profession
  • Copy of commercial registry
  • Bank statement for previous six months

Additional benefits

  • Free life insurance policy throughout the loan period
  • The car can be licensed to a third-party from the debtor’s family.
  • Car insurance and car resale ban are not required for certain programs (terms applicable).


 *Terms and conditions apply