Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
aiBank - Auto Loan aiBank - Auto Loan Minimum Salary: EGP 2,500 Salary Transfer: Yes Early Settlement Fees: - Maximum Term: 10 Years Flat Rate: 0.0% Reducing Rate: 0.0%
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  • 0% down payment and finance up to 100% of car's value.
  • Loan amount up to 750,000 LE.
  • Loan Tenor up to 10 years.
  • Competitive Interest rates.
  • Minimum age is 21 and maximum 60 years.
  • Minimum salary is 2500 LE for salary transfer customers and 5000 LE  without salary transfer.
Required Documents:
  • Copy of National ID
  • Recent Utility bill
  • Car price quotation
  • Salary/Installment Transfer Customers: Customer's company undertaking to transfer salary/Installment
  • Non-Salary/Installment Transfer Customers: Stamped HR letter.
** 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.
Representative Example Calculator