Pensioners Loan
The personal loan for pensioners from the Agricultural Bank of Egypt is an excellent solution for retirees who wish to pay off large sums in installments over long periods.
- Interest rate
- 23%
- Loan amount
- EGP 5,000 – 500K
- Term up to
- 10 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
- Branch application only
- Requires a down payment
- Egyptian nationals only
What's good
- The bank publishes its processing fee
- 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
- 23%
- Min amount
- EGP 5,000
- Max amount
- EGP 500,000
- Min term
- 1 yr
- Max term
- 10 yrs
- Max DTI
- 50%
- Max financing
- 100%
- Processing fee (%)
- 2%
- Processing fee (fixed)
- EGP 200
- Early repayment penalty
- 7%
Eligibility & requirements
- Min monthly income
- EGP 900
- Min age
- 21
- Max age
- 60
- Approved employer
- No
- Requires collateral
- No
- Life insurance
- Yes
- Accepted employment types
- Pensioner
- Accepted professions
- Pensioner
- Security types
- Salary Transfer
- Required documents
- National ID CopyRecent Utility BillPension CertificateSalary Slip (Last 3 Months)
| Nationality | egyptian |
| Requires iScore | No |
| Notes | لأصحاب المعاشات؛ الحد الأدنى للمعاش 900 جنيه؛ تعهد بتحويل المعاش؛ وثيقة تأمين على الحياة. |
Do the maths
Our take
Pros
- A low minimum pension requirement—starting at 900 pounds—to obtain the loan.
- Flexible repayment period of up to 10 years.
- Funding is provided for pensioners, whether they retired early or upon reaching the statutory retirement age.
Cons
- Pension Transfer Requirement for Better Terms: Preferential terms and the lowest interest rates are available to customers who commit to transferring their salary or pension, whereas interest rates are higher under the non-transfer program.
- Imposition of administrative fees (typically ranging from 1% to 2% deducted from the total loan amount), in addition to insurance and credit inquiry fees.
Our take
The personal loan for pensioners offered by the Agricultural Bank of Egypt is an excellent solution for retirees—as well as individuals with modest incomes—who wish to repay large sums in installments over an extended period, thanks to a very low minimum income requirement. Opting for a pension or income transfer arrangement is recommended, as it allows for a significant reduction in the declining interest rate.
The personal loan for pensioners from the Agricultural Bank of Egypt is an excellent solution for retirees who wish to pay off large sums in installments over long periods.
Compare
| Pensioners Loan Agricultural Bank of Egypt This one | Doctors' Loan NBE National Bank of Egypt | Loan against Property FABMISR | Employees Personal Loan (with salary transfer) banque du caire |
|---|---|---|---|
| Interest rate | |||
| 23% | 23% | 23% | 22% – 22.5% |
| Loan amount | |||
| EGP 5,000 – 500K | EGP 10K – 2M | EGP 10K – 2M | EGP 3,000 – 2M |
| Term up to | |||
| 10 yrs | 7 yrs | 7 yrs | 15 yrs |
| Type | |||
| Personal Loan | Personal Loan | Personal Loan | Personal Loan |
Added Thursday 02 July 2026 - 11:26 AM Updated Saturday 24 October 2026 - 03:44 PM