Loan Secured by a Savings Vessel — 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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Loan Secured by a Savings Vessel

Arab African International Bank · Loans · Egyptian Pound · 3.5 · Saturday 24 October 2026 - 02:24 PM

A cash loan secured by a certificate of deposit from the Arab African International Bank is one of the best and safest financing solutions available to clients.

Interest rate
4%
Loan amount
EGP 10K – 6M
Term up to
10 yrs
Type
Personal 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
  • Requires a down payment
  • Requires collateral
  • Early settlement penalty higher than average

What's good

  • Maximum amount higher than average
  • Fewer documents than average
  • The bank publishes its processing fee
  • Repayment term longer 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
4%
Min amount
EGP 10,000
Max amount
EGP 6,000,000
Min term
1 yr
Max term
10 yrs
Max DTI
50%
Max financing
93%
Processing fee (%)
2%
Processing fee (fixed)
EGP 300
Early repayment penalty
10%

Eligibility & requirements

Min age
25
Max age
65
Approved employer
No
Requires collateral
Yes
Life insurance
No
Accepted employment types
EmployedGovernmentMilitarySelf-EmployedPensionerFreelancer
Accepted professions
any profession
Security types
Savings Vessel (Certificate / Deposit)
Required documents
National ID CopyRecent Utility Bill
Eligibility criteria
Nationalityegyptian
Requires iScoreNo
Notesبضمان وعاء ادخاري (شهادة/وديعة)؛ التمويل حتى 96% من قيمة الوعاء وبحد أقصى 6 مليون جنيه؛ الفائدة = 4% + سعر الوعاء؛ العمر 25-65.

Do the maths

Loan Secured by a Savings Vessel

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

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

Our take 3.5

3.5 Banky rating

Pros

  • Obtain financing of up to 93% of the value of a secured certificate of deposit.
  • Repayment period: up to a maximum of 10 years.
  • Competitive interest rates, automated installment deductions, periodic SMS notifications, and the option to increase the financing amount.
  • Ease and speed of procedures

Cons

  • The certificate or deposit shall remain frozen—and may not be redeemed early or have its value increased—throughout the entire term of the loan, until the debt has been fully settled.
  • Interest margin (the difference between the certificate’s yield and the loan interest rate)

Our take

A cash loan secured by a certificate of deposit (CD) from the Arab African International Bank (AAIB) is one of the best and safest financing solutions for clients who hold deposits or CDs and require immediate liquidity. Its primary advantages include the ability to access cash—up to 93% of the CD’s value—without needing to liquidate the certificate itself, along with a flexible repayment period of up to 10 years. A key consideration, however, is the need to carefully evaluate the net cost of the loan interest against the yield earned on the CD, ensuring that borrowing remains economically viable relative to the returns generated.

A cash loan secured by a certificate of deposit from the Arab African International Bank is one of the best and safest financing solutions available to clients.

Compare

Alternatives at a glance
Loan Secured by a Savings Vessel Arab African International Bank This one Central Bank 5% Initiative for Clinic-Owning Doctors banque du caire Loan Secured by Savings Vessels Agricultural Bank of Egypt Personal Loan for Bank Employees National Bank of Kuwait Egypt
Interest rate
4% 5% 2.5% 0% – 18%
Loan amount
EGP 10K – 6M EGP 20K – 3M — EGP 20K – 3.5M
Term up to
10 yrs 7 yrs 10 yrs 10 yrs
Type
Personal Loan Personal Loan Personal Loan Personal Loan
Compare with 3 similar loans

Added Thursday 02 July 2026 - 11:26 AM Updated Saturday 24 October 2026 - 02:24 PM