Business owners and self-employed
The loan for professionals and self-employed individuals from the National Bank of Egypt represents an excellent option for business owners and entrepreneurs.
- Interest rate
- 22% – 22.25%
- Loan amount
- Up to EGP 1.5M
- Term up to
- 7 yrs
- Type
- Personal Loan
Banky Analysis
Loans cannot be reduced to one number. Below is what each bank publishes, and what it does not
What you trade off:
- Maximum amount lower than average
- More documents than average
- Egyptian nationals only
- Repayment term shorter than average
What's good
- Apply online
- No down payment
- Early settlement penalty lower than average
Not known yet
1 more detail we don't have yet
All of this is measured against personal loans in EGP only
Last checked Monday 26 October 2026 - 02:17 AM
Rates, terms & fees
- Loan type
- Personal Loan
- Interest type
- Reducing Balance
- Interest rate
- 22%
- Min amount
- EGP 0
- Max amount
- EGP 1,500,000
- Min term
- Flexible
- Max term
- 7 yrs
- Max DTI
- 50%
- Max financing
- 100%
- Processing fee (%)
- 2%
- Processing fee (fixed)
- EGP 250
- Early repayment penalty
- 7%
Eligibility & requirements
- Min monthly income
- EGP 10,000
- Min age
- 21
- Max age
- 65
- Self-employed register months
- 24 mo
- Approved employer
- No
- Requires collateral
- No
- Life insurance
- No
- Accepted employment types
- Self-EmployedFreelancer
- Accepted professions
- Freelancer
- Required documents
- National ID CopyPassport CopyBank Statement (Last 6 Months)Tax CardCommercial RegisterRecent Utility Bill
| Nationality | egyptian |
Do the maths
Our take
Pros
- Free life and total disability insurance
- High financing amount: The loan amount reaches EGP 1,500,000.
- No guarantor: The loan does not require a personal guarantor.
Cons
- Employment history requirements: The Bank requires a minimum of at least one year of employment for existing customers, or two full years for non-customers.
- Age restrictions: The borrower must not be over 65 years of age at the end of the financing term.
Our take
The loan for self-employed individuals and business owners offered by the National Bank of Egypt (NBE) is an excellent option for those running established, officially registered businesses who require liquidity for expansion or personal investments, as it provides a substantial loan amount (up to 1.5 million EGP) with a long repayment period (up to 7 years). However, it is not suitable for new or informal business ventures, given the strict requirements for documentation—such as a commercial register, a tax card, and a full year’s worth of bank statements. It is advisable to ensure that all paperwork and the tax card are complete and up to date before visiting a branch, in order to facilitate a faster approval process.
The loan for professionals and self-employed individuals from the National Bank of Egypt represents an excellent option for business owners and entrepreneurs.
Compare
| Business owners and self-employed National Bank of Egypt This one | Pensioners Personal Loan banque du caire | Personal Loan for Bank Employees The Industrial Development Bank | Doctors' loan bank abc |
|---|---|---|---|
| Interest rate | |||
| 22% – 22.25% | 22% | 19% – 20.5% | 21.5% |
| Loan amount | |||
| Up to EGP 1.5M | EGP 3,000 – 1M | Up to EGP 5M | Up to EGP 1.5M |
| Term up to | |||
| 7 yrs | 12 yrs | 15 yrs | 7 yrs |
| Type | |||
| Personal Loan | Personal Loan | Personal Loan | Personal Loan |
Added Monday 10 August 2026 - 08:55 AM Updated Saturday 24 October 2026 - 11:59 AM