SAIB offers education financing to help parents pay their children's school fees, covering up to 75% of the fees, with amounts starting from EGP 5,000 and reaching EGP 750,000, a repayment period of 6 to 12 months, and competitive interest rates.

Benefits of SAIB education financing

  • Financing amount: from EGP 5,000 up to EGP 750,000.

  • Financing ratio: up to 75% of the school fees.

  • Repayment period: 6 to 12 months.

  • Interest rate: competitive interest rates.

  • Installment payment methods: via salary transfer or direct installment payment, as well as at the bank's branches and ATMs, by bank transfer and through other available payment channels.

Eligibility for SAIB education financing

First: public- and private-sector employees

  • Nationality: Egyptians only.

  • Age: 24 to 60 at the end of the financing term.

  • Minimum monthly salary: EGP 5,000.

  • Length of employment: at least two years with the current employer.

Second: business owners and self-employed professionals

  • Nationality: Egyptians only.

  • Age: 25 to 65 at the end of the financing term.

  • Minimum monthly income: EGP 20,000.

  • Time in business: at least 4 years.

Documents required for education financing

General documents

  • Valid national ID card.

  • Loan application form with all required details completed.

  • Enrolment certificate from the educational institution showing the total school fees due, the student's name and the academic year.

Employee documents

  • Original recent income certificate certified by the employer, showing the hiring date, job grade and monthly income.

  • Or a 6-month bank statement showing the customer's salary.

  • Or pay slips certified by the company and stamped by the Human Resources (HR) department.

Documents for business owners and self-employed professionals

  • A recent commercial register extract issued no more than 3 months ago.

  • A copy of the professional practice licence and the business licence.

  • A valid tax card for the business.

How to apply for SAIB education financing

  • Call the SAIB hotline to ask about the application procedure.

  • Visit one of the bank's branches to learn about the financing details and submit your application and the required documents