Details.. Car loan from 3 banks in Egypt
Advantages of obtaining a car loan from 3 Egyptian banks
Shrouq
Banks operating in the Egyptian market offer a range of different services, including the possibility of obtaining a car loan.
Car loan from Cairo Bank
Banque du Caire offers a car loan that starts from 15 thousand pounds and reaches 2 million pounds, with interest ranging from 14.5 to 20%, decreasing over 5 years, and up to 7 years.
Holders of savings certificates can obtain a car loan against the deposit, up to 85% of its value.
The bank stipulated that the applicant for a car loan must be between the ages of 21 and 65 at the end of the loan.
· Paperwork
1. A valid national ID card
2. a recent utility receipt not more than 3 months old
3. The car quote is approved
4. Modern vocabulary
5. Bank statement for the last 6 months.
· Car loan from the National Bank
1. The National Bank offers car loans for ages (21 to 60 years).
2. An administrative fee percentage of the financing amount must be paid once in advance.
3. The commission for early repayment of the “total and partial” loan is 3% of the amount required to be repaid.
4. The bank provides a car loan without a guarantor, up to one million Egyptian pounds, with a financing rate of 100% of the car price.
5. Different repayment periods from one year to 7 years.
6. There are special programs for corporate employees, with a minimum monthly net income starting from 1,500 pounds.
7. There are various programs for all customer segments.
· Car loan from Banque Misr
1. A car loan is granted to employees, with the employer’s pledge to transfer the salary, self-employed people, and owners of commercial and industrial activities to prove income.
2. The loan is provided to owners of savings vessels such as certificates, deposits, savings accounts, or even current accounts, whether for Egyptians or foreigners.
3. Car loan at a competitive interest rate, without a maximum loan limit, with a financing rate of up to 100%, and a financing period of up to 120 months.
4. The customer obtains a free life insurance policy throughout the life of the loan, and the possibility of issuing a car license in the name of a third party family member.
