Loans

The Auto Loan is available to eligible Egyptian nationals of salaried customers, self-employed customers and professionals who meet the applicable eligibility criteria.

• Salaried customers: minimum age of 21 years, with a maximum age of 60 years at the end of the finance repayment period.

• Professionals and self-employed customers: minimum age of 25 years, with a maximum age of 65 years at the end of the repayment period.

Salaried customers must have a minimum of 3 months in their current job.

• Self-employed customers must have a minimum of 1 year in business.

• Professionals must have a minimum of 3 years in business.

General Documents

• Signed application form.

• Copy of valid National ID.

• Vehicle price quotation including full car specifications and the auto dealer’s bank account details.

• Copy of a utility bill or driving license.

You can finance up to 70% of the car price, subject to the applicable terms and conditions.

The maximum Auto Loan amount is EGP 5 million, subject to the applicable terms and conditions.

Repayment periods range from 12 months up to 96 months.

Yes. Chinese cars are eligible for financing, subject to the applicable terms and conditions.

No. The Auto Loan is available for new cars only.

The Auto Loan offers a competitive decreasing interest rate, subject to the applicable terms and conditions.

Yes. Eligible customers can benefit from the 50% Express Program, with initial approval within minutes, subject to the applicable eligibility criteria and process requirements.

It is a simplified Auto Loan option offering financing of up to 50% of the car value for eligible customers.

Only a valid National ID is required, subject to the program’s eligibility criteria and applicable terms and conditions.

No. Car insurance is not required under the 50% Express Program, subject to the applicable program terms and conditions.

Initial Approval can be provided within minutes, subject to eligibility and completion of the applicable process requirements.