Scooter loan

General loan conditions:

  • Minimum age of debtor is 21 years old and maximum age is 65 years old or retirement age, whichever comes first.

  • A loan cap of 400,000 LE (Terms apply).

  • Loan terms up to 84 months.

  • Financing up to 100% of the value of the scooter (Terms apply).

 

Additional benefits:

  • Car resale ban and car insurance are not required.

  • Free life insurance policy throughout the loan period.

  • Scooter can be licensed to a third-party (Terms apply).

 

Required documents:

  • Copy of valid National ID.

  • Recent original utility bill (gas, electricity, water, telephone) for the customer's address.

  • Scooter price quotation.

 

​Scooter loans are granted to Egyptians through the following finance schemes with a competitive interest rate:

  • Employees against a pledge from their employing company to transfer the monthly salary or installment.

  • Employees against proof of income certificate.

  • Self-employed professionals and trade and industrial business owners.

  • Egyptians and foreigners against their savings deposits.

 

*Terms and conditions apply