In this report, we will learn regarding how to obtain a personal loan, from several banks, including them Egypt Bank and the Bank of Alexandria andNational Bank of Egypt And also the Commercial International Bank, for employees whose salaries do not exceed 3 thousand pounds per month, which are as follows:
Details of obtaining a personal loan for employees of several banks:
1- Banque Misr:
Monthly income: a minimum of 1,000 pounds for the government, and 2,000 pounds for the private sector.
Values loan: starts from 5000 pounds.
Interest rate: ranging from 16.85% per annum to 20.5% per annum, decreasing.
Repayment period: up to 10 years.
Age: from 21 years to 60 years.
Administrative expenses: 1.25% of the total salary is deducted once from the loan.
2-Alexandria Bank:
Minimum monthly income: 1000 pounds.
Interest rate: ranging from 15.5% to 21.5% annually, decreasing.
Loan value: starts from 5000 pounds.
Age of the customer: from 21 years to 65 years.
Administrative expenses: 2%.
3- The National Bank of Egypt:
Minimum monthly income: 1500 pounds.
Loan value: starts from 15,000 pounds.
Repayment period: from one year to 12 years.
Interest rate: from 16.5 to 17.5%, decreasing annually.
Age: from 21 to 60 or 65 years old.
Administrative expenses: 2%.
4- Commercial International Bank CIB:
Minimum monthly income: 3000 pounds.
Loan value: starts from 5000 pounds.
Loan repayment period: up to 8 years
Interest rate: starts from 16% per annum decreasing.
Administrative expenses: 2.5%.
Age of the customer: from 21 years to 60 years.
