Car Loan Based on Presumptive Income

Car Loan Based on Presumptive Income is granted to the following segments:

• Employees of government entities, the public sector and the public business sector

• Employees of the private sector, as classified by our Bank

• Self-Employed Individuals

General Loan Conditions:

• Minimum age of borrower to be 21 years

• Maximum age of borrower to be 65 years at the end of the loan tenor or age of retirement, whichever occurs first.

• Maximum loan value to be EGP 550 thousand

• Financing percentage of up to 60%

• Financing tenor of up to 60 months

Main Documents Required:

• Copy of valid national ID

• Original utility bill citing the customer’s domicile/place of residence

For Self-Employed Individuals:

• Copy of the tax card

• Copy of the professional license/permit for self-employed professionals

• Copy of a recent official transcript from the commercial registry for self-employed persons

Terms and conditions apply.