Local banks seek to provide many banking services at competitive interest rates from savings certificates, savings accounts, deposits and personal loans, including the durable goods loan, which is offered by the Egyptian Gulf Bank, in order to provide the necessary needs that citizens need, such as furniture, electrical appliances and other basics. And the necessary luxuries, which need sums of money.
Advantages of a durable goods loan from the Egyptian Gulf Bank
The maximum financing amount is up to 120 thousand pounds.
Repayment periods start from 6 months up to 60 months.
Issuance of a life and total disability insurance policy free of charge throughout the repayment period.
Terms of the durable goods loan from the Egyptian Gulf Bank
The age of the beneficiary is not less than 21 years, and not more than 60 years.
Required documents and papers
Photocopy of ID card and accompanying receipt.
Displaying the price of the commodity from one of the durable goods fairs.
A written undertaking from the client company to transfer the salary or installment, or a documented salary statement.
A valid tax card and a valid record.
Bank statement for the last 6 months.
Profession practice certificate, valid syndicate card and medical facility license for professionals.
