National Bank of Egypt (NBE) offers personal loan programs designed for employees of government bodies, public-sector entities and the public business sector. The loan is available under more than one scheme, either with salary transfer as collateral or without salary transfer, subject to the terms and conditions the bank sets for each program. This report sets out the loan details, including the financing amount, repayment period, interest rate and benefits, as well as the conditions and documents required to obtain the financing.

First: Loan for employees of government bodies, public-sector entities and the public business sector, with salary/installment transfer

Benefits and details

  • Loan amount: up to EGP 4,000,000 with salary transfer as collateral.

  • Loan tenor: up to 12 years.

  • Free life and total disability insurance.

  • Free current account.

  • No guarantor required.

  • No credit inquiry fees

Conditions and documents

  • A certified letter from the employer stating monthly income and hiring date.

  • An undertaking from the employer to transfer the salary or installment to the bank until the loan is fully repaid.

  • A copy of a valid national ID card.

  • The borrower must be at least 21 years old and no older than 60 at the end of the financing period

Second: Loan for employees of government bodies, public-sector entities and the public business sector, without salary transfer

Benefits and details

  • Loan amount: up to EGP 500,000.

  • Loan tenor: up to 4 years.

  • Free life and total disability insurance.

  • No guarantor required.

Conditions and documents

  • A certified letter from the employer stating monthly income and hiring date.

  • A copy of a valid national ID card.

  • A recent top-up receipt or utility bill, dated no more than 3 months ago and for a minimum of EGP 25.

  • The borrower must be at least 21 years old and no older than 60 at the end of the financing period