Emirates NBD Egypt offers a personal loan program that gives customers unsecured credit facilities of up to EGP 5 million, with flexible repayment periods of up to 12 years and competitive interest rates, based on the credit rating of the company the customer works for and the customer's credit profile, helping individuals meet their financial needs and achieve their goals through a range of financing solutions.

The program targets the bank's retail customers, including individual-relationship customers and payroll customers, as well as new customers, with simplified application procedures and a choice of repayment options to suit customers' cash flows.

Features of the Emirates NBD Egypt personal loan

  • Loan amount: up to EGP 5 million.

  • Repayment period: up to 12 years.

  • Interest rates: competitive interest rates set according to the customer's credit profile.

  • Credit facilities: unsecured financing available to existing and new customers, based on the employer's rating.

  • Application: a simplified application with fast approvals.

  • Life insurance: life insurance cover for the full term of the loan at no charge.

  • Installment plans: a choice of monthly or annual installments to suit the customer's cash flow.

  • Early and partial repayment: early and partial repayment options are available, subject to the applicable fees and the bank's approval.

Personal loan eligibility conditions

Emirates NBD Egypt has set the following conditions for its personal loan:

  • The customer must be at least 21 years old.

  • The customer must be no older than 65 when the loan matures.

  • The interest rate and financing terms depend on the customer's credit profile and the employer's rating, in line with the bank's policies.

  • All loans are subject to the applicable terms and conditions and the regulatory instructions issued by the Central Bank of Egypt (CBE).

Documents required for the personal loan

Applying for an Emirates NBD Egypt personal loan requires the following documents:

  • A valid national ID card.

  • A letter proving employment or professional practice.

  • A bank statement for the last 6 months as proof of income.

  • A recent utility bill

This reflects Emirates NBD Egypt's commitment to providing flexible financing solutions that meet customers' varied needs, offering financing of up to EGP 5 million and extended repayment periods of up to 12 years, with a range of installment and repayment options that give customers greater flexibility in managing their financial obligations.