Auto Loan — bank nxt | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 5 Nov 2026
  • Central Bank of Egypt
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Auto Loan

bank nxt · Loans · Egyptian Pound · Thursday 27 August 2026 - 09:09 AM
Interest rate
21.5% – 0%
Loan amount
Up to EGP 8M
Term up to
8 yrs
Type
Auto Loan

Banky Analysis

An audit of the product itself

Loans cannot be reduced to one number. Below is what each bank publishes, and what it does not

What you trade off:

  • Branch application only

What's good

  • Maximum amount higher than average
  • Fewer documents than average
  • No down payment
  • Repayment term longer than average

Not known yet

2 more details we don't have yet

All of this is measured against car loans in EGP only

Last checked Monday 26 October 2026 - 02:17 AM

Rates, terms & fees

Loan type
Auto Loan
Interest type
Reducing Balance
Interest rate
0%
Min amount
EGP 0
Max amount
EGP 8,000,000
Min term
1 yr
Max term
8 yrs
Max financing
100%
Zero down payment
Yes
Processing fee (%)
0%
Approval time
1 days

Eligibility & requirements

Min monthly income
EGP 10,000
Approved employer
No
Requires collateral
No
Life insurance
No
Accepted employment types
EmployedSelf-EmployedFreelancer
Vehicle types
Car
Vehicle conditions
NewUsed

Do the maths

Auto Loan

Work out the monthly installment, total interest, effective APR and schedule.

Enter values to see the result.

Results are estimates for guidance only and may differ from a bank's actual offer.

Compare

Alternatives at a glance
Auto Loan bank nxt This one New Car Loan CIB Egypt Electric car Loan bank abc Used Car Loan arab bank egypt
Interest rate
21.5% – 0% 21.5% 21.5% 17%
Loan amount
Up to EGP 8M Up to EGP 13.5M EGP 10K – 10M Up to EGP 900K
Term up to
8 yrs 8 yrs 8 yrs 5 yrs
Type
Auto Loan Auto Loan Auto Loan Auto Loan
Compare with 3 similar loans

Added Thursday 02 July 2026 - 03:26 AM Updated Thursday 27 August 2026 - 09:09 AM