Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
UBEG - Car Murabaha "Used and Brand New" UBEG - Car Murabaha "Used and Brand New" Minimum Salary: EGP 0 Salary Transfer: Yes Early Settlement Fees: - Maximum Term: 8 Years Flat Rate: 0.0% Reducing Rate: 0.0%
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Benefits:
  • Finance tenor up to 8 years.
  • Competitive Finance profit rates.
  • Various programs that satisfy different market segments.
  • Financing up to 750,000 EGP.
Financing New and used cars for Self-Employed & Professionals and Salaried Customers

Required Documents for self- Employed & Professionals
  • Last six months of bank statements (personal or business).
  • Valid commercial register/replacement for professionals.
  • Valid taxation card and tax declaration

Required Documents for Salaried Customers:
  • Recent HR letter and last three months bank statement or last three salary slips
  • Company undertaking to transfer salary/installment.
In Case of Non-Salary Transfer
  • Recent HR letter and last three months bank statements or last three salary slips
** 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