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التغيير الى العربية English
Auto Loans
Income Proof Programs for Payroll Clients
30% - 70% program for salaried clients
50%-50% program for salaried clients
40%-60% program for salaried clients
Semi Secured Program
Luxury 50%-60% program
Auto Loan for New Cars | ||||
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Interest Rate | Varies depending on Loan tenor and program with a minimum of 15% p.a. – maximum 19.5% p.a. | |||
Tenor in Months | 6 - 60 | 72 | 84 | |
Admin Fees p.a. | 2.00% Min EGP 500 | 2.00% Min EGP 500 | 2.00% Min EGP 500 | |
Early Settlement | 5.00% on cash settlement (irrespective of settlement date) 7.00% In case of transfer/buy out (irrespective of settlement date) | |||
Late Charges | EGP 50 on each late monthly instalment in addition to 4% over loan interest rate | |||
Auto loan for used cars | ||||
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Segment | Program | Interest Rate p.a | Applicable For p.a | |
Salaried | 50%-50% Loan to value 40%-60% Loan to value |
20.00% p.a. 21.00% p.a. |
Dealer & Agency | |
Self-employed | 50%-50% Loan to value 40%-60% Loan to value |
21.00% p.a. 22.00% p.a. |
Agency only | |
Early Settlement | 5.00% on cash settlement (irrespective of settlement date) 7.00% In case of transfer/buy out (irrespective of settlement date) | |||
Late Charges | EGP 50 on each late monthly instalment in addition to 4% p.a. over loan interest rate | |||
For Employed clients:
For Self-Employed clients:
For Employed Professionals (physicians and university professors):
For Self-employed professionals (physicians):