Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
ADIB - Auto Finance (ٍSelf-Employed) ADIB - Auto Finance (ٍSelf-Employed) Minimum Salary: EGP 4,000 Salary Transfer: Yes Early Settlement Fees: - Maximum Term: 5 Years Flat Rate: 0.0% Reducing Rate: 0.0%
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FEATURES:

  • Finance up to EGP 700,000
  • Finance tenor up to 60 months
  • Down Payment up to 25%
  • Competitive rates
  • Debt burden ratio: 30%

REQUIRED DOCUMENTS:

  • Application form
  • Valid National ID (for Egyptians)
  • Car price quotation from accredited auto vendors
  • Recent commercial register (for businessmen)
  • License of practice (for professionals)
  • Bank statement for the last 6 months

ELIGIBILITY:

  • Egyptian customers  
  • Age of applicants from 21 – 65 years at finance maturity
Terms & Conditions Apply
  • The Bank reserves the right to decline any requests without providing any reason/justification.
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
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