Mortgage finance initiative for middle-income earners at an 8% interest rate — Arab African International Bank | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 3 Nov 2026
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Mortgage finance initiative for middle-income earners at an 8% interest rate

Arab African International Bank · Loans · Egyptian Pound · 4.0 · Saturday 24 October 2026 - 12:43 PM

Financing options that align with clients' financial goals and provide them with long-term funding.

Interest rate
8%
Loan amount
Up to EGP 2.5M
Term up to
25 yrs
Type
Mortgage Finance

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:

  • Finances a smaller share of the price
  • More documents than average
  • Requires a down payment
  • Requires collateral
  • Repayment term shorter than average

What's good

  • Maximum amount higher than average
  • Apply online
  • The bank publishes its processing fee

Not known yet

2 more details we don't have yet

All of this is measured against home finance in EGP only

Last checked Monday 26 October 2026 - 02:17 AM

Rates, terms & fees

Available online
Loan type
Mortgage Finance
Interest type
Reducing Balance
Interest rate
8%
Min amount
EGP 0
Max amount
EGP 2,500,000
Min term
5 yrs
Max term
25 yrs
Max DTI
40%
Max financing
80%
Zero down payment
No
Processing fee (%)
2%
Processing fee (fixed)
EGP 300

Eligibility & requirements

Min monthly income
EGP 40,000
Min age
21
Max age
60
Approved employer
No
Requires collateral
Yes
Life insurance
No
Accepted employment types
EmployedSelf-EmployedGovernmentFreelancerPensionerMilitary
Accepted professions
any profession
Security types
Without Salary TransferSalary Transfer
Required documents
National ID CopyCommercial RegisterTax CardRecent Salary Certificate
Eligibility criteria
Nationalityegyptian
Requires iScoreNo
Notesالسن لا يقل عن 21 سنة. الحد الأقصى للدخل 40 ألف للأعزب و50 ألف للأسرة (شريحة متوسطي الدخل بالمبادرة).

Programs

Loan programs
ProgramRateMax amountSegmentFinancingZero down
متوسطي الدخل 8%8%EGP 0Middle income—No

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Mortgage finance initiative for middle-income earners at an 8% interest rate

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

Our take 4.0

4.0 Banky rating

Our take

The Arab African International Bank offers a wide range of options under the Central Bank of Egypt’s real estate finance initiatives, featuring competitive interest rates of 8%. However, these options require an upfront down payment of at least 20% of the property’s total value—a requirement that may pose an initial financial burden for some clients (for instance, for a property valued at 2 million EGP, a down payment of at least 400,000 EGP would be required).

Financing options that align with clients' financial goals and provide them with long-term funding.

Compare

Alternatives at a glance
Mortgage finance initiative for middle-income earners at an 8% interest rate Arab African International Bank This one CBE Mortgage Initiative National Bank of Egypt Mortgage Finance under CBE Middle-Income Initiative SUEZ CANAL BANK CBE Mortgage Initiatives CIB Egypt
Interest rate
8% 8% – 12% 8% – 12% 8% – 12%
Loan amount
Up to EGP 2.5M EGP 10K – 14M Up to EGP 2M Up to EGP 2.5M
Term up to
25 yrs 30 yrs 30 yrs 30 yrs
Type
Mortgage Finance Mortgage Finance Mortgage Finance Mortgage Finance
Compare with 3 similar loans

Added Thursday 02 July 2026 - 10:55 AM Updated Saturday 24 October 2026 - 12:43 PM