Many people are looking for car loan terms from National Bank of Egyptwhich guarantees many advantages and facilities to obtain it in conjunction with the reduction of the interest rate by 1% on the car loan and the personal loan for all segments, by the bank during the past few days.
Conditions for a car loan from the National Bank of Egypt:
- start value loan From 50 thousand to 3 million pounds
- Loan up to 100% of the new car value
- Installment starts from 1 to 7 years
- Competitive interest rate
- No credit inquiry fees
- No account opening fees
Documents required to obtain the loan:
- A valid copy of the national ID card.
- Recent utility bill.
- The age of the borrower should not be less than 21 years and not more than 60 years for employees.
- The age of the borrower should not be less than 25 years and not more than 65 years for self-employed and self-employed people.
- The customer is not registered in the blacklist of banks.
- Obligation to pay installments if he has previously obtained a loan.
