Personal Banking

Residential Units:

• Finance up to 80% of the unit price (Maximum loan amount: EGP 15 million)

Beach Houses:

• Finance up to 70% of the house price (Maximum loan amount: EGP 15 million)

Commercial & Administrative Units:

• Finance up to 60% of the unit price (Maximum loan amount: EGP 7 million)

Requirements:

• Minimum Age for Applicants: 25

Tenor:

• Up to 20 Years

Required Documents:

• National ID
• Recent utility bill

Employees:

• A recent HR letter
• Bank statement (For the last six months)

Self-Employed Professionals:

• Commercial Register
• Tax Card
• Bank Statement (For the last six or 12 Months)

Freelance Professionals:

• Syndicate card
• Tax card
• Bank statement (For the last 6 or 12 Months)

Financing:

• Financing for residential units only up to 85% of the unit value as a maximum limit, and a minimum of 15% of the unit value with 3% decreasing  interest rate
• Possibility of financing the maintenance deposit fees, if any
• The client is exempted from registration, insurance, evaluation, and mortgage fees.
• An expedited payment commission is not applied. However, the client shall refund the interest rate subsidy (difference of interest rate) as of the granting date till the prepayment date.

Requirements:

• Only Egyptians can have access to this mortgage finance.
• The minimum age for the borrower is 21 years old for employees and 25 years old for self-employed professionals when applying for financing. On the other hand, the borrower’s age should not exceed 65 years old for all segments on the expiry date of the finance, or the retirement age for employees, whichever is earlier, a maximum of 75 years old at loan maturity for pensioners and pension beneficiaries.
• Maximum unit value: EGP 1.4 million
• The unit must be finished with full utilities and ready for accommodation, including permanent accommodation.
• The maximum net monthly income is EGP 10,000 for individuals, and EGP 14,000 for families.
• The possibility of spouse inclusion, while merging their monthly income
• 40% of the client's net monthly income

Tenor:

• Up to 30 years

Required Documents:

• Copy of a client’s valid national ID (If the client is married, a copy of the spouse’s ID will be needed as well).
• Recent utility bill

Employees:

• Recent HR letter
• Social insurance printout
• Bank statement for the last six months

Self-Employed Professionals:

• Commercial register
• Tax card
• Bank statement (For the last six or 12 months)

Freelance Professionals:

• Syndicate card
• Tax card
• Bank statement (For the last six or 12 months)

In the case of marriage, the spouse’s income documents are submitted according to the terms and conditions outlined by the Central Bank of Egypt.

Financing:

• Financing for residential units only up to 80% of the unit value as a maximum limit, and a minimum of 20% of the unit value, with an 8% decreasing interest rate
• Possibility of financing the maintenance deposit fees, if any
• The client is exempted from insurance, evaluation, registration, and mortgage expenses.
• An expedited payment commission is not applied. However, the client shall refund the interest rate subsidy (difference of interest rate) as of the granting date till the prepayment date.

Requirements:

• Only Egyptians can have access to this mortgage finance.
• The minimum age for the borrower is 21 years old for employees and 25 years old for self-employed professionals when applying for financing. On the other hand, the borrower’s age should not exceed 65 years old for all segments on the expiry date of the finance, or the retirement age for employees, whichever is earlier.
• Maximum unit value: EGP 2.5 million
• The unit must be finished with full utilities, and ready for accommodation, including permanent accommodation.
• The maximum net monthly income is EGP 40,000 for individuals, and EGP 50,000 for families.
• The possibility of spouse entry, while merging their monthly income
• 40% of the client's net monthly income

Tenor:

• Up to 25 years

Required Documents:

• A copy of a client’s valid national ID. If the client is married, a copy of the spouse’s ID will be needed as well.
• Recent utility bill

Employees:

• Recent HR letter
• Social insurance printout
• Bank statement (For the last six months)

Self-Employed Professionals:

• Commercial register
• Tax card
• Bank statement (For the last six or 12 months)

Freelance Professionals:

• Syndicate card
• Tax card
• Bank statement (For the last six or 12 months)

In the case of marriage, the spouse’s income documents are submitted according to the terms and conditions outlined by of the Central Bank of Egypt.