Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
Bank ABC - Auto Loan Bank ABC - Auto Loan Minimum Salary: EGP 0 Salary Transfer: Yes Early Settlement Fees: - Maximum Term: 6 Years Flat Rate: 0.0% Reducing Rate: 0.0%
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Finance your brand new car easier & faster than ever with Bank ABC Features & Benefits:
  • Car financing up to EGP 600,000
  • Flexible instalments up to 72 months
  • Financing up to 75% from car value
  • Complimentary life insurance
  • Secured financing up to 100% from car value without admin fees (new & used cars)
  • Call centre service 24 hours / 7days a week
Eligibility:
  • Offered to Egyptian Customers
  • Minimum age 21 years
Documents Required: For Individuals:
  • Copy of a valid ID
  • HR letter or last 3 pay slips
  • Recent utility bill (for loan amount exceeding EGP 75,000)
  • Performa invoice

For Self-Employed & Professionals:



  • Copy of a valid ID
  • Valid commercial register or operating license
  • Last 6 months bank statements
  • Recent utility bill (for loan amount exceeding EGP 75,000)
  • Performa invoice
For clients without income proof: For Individuals:
  • Copy of a valid ID
  • Recent utility bill (for loan amount exceeding EGP 75,000)
  • Performa invoice
For Self-Employed Professionals:
  • Copy of a valid ID
  • Valid commercial register or operating license
  • Recent utility bill (for loan amount exceeding EGP 75,000)
  • Performa invoice
** 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