Car loan — FABMISR | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 5 Nov 2026
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Car loan

FABMISR · Loans · Egyptian Pound · 3.5 · Tuesday 04 August 2026 - 09:14 AM

First Abu Dhabi Bank Egypt's car financing programs are an excellent and comprehensive option.

Interest rate
20.5% – 23.99%
Loan amount
EGP 10K – 4M
Term up to
5 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:

  • Maximum amount lower than average
  • More documents than average
  • Requires collateral
  • Repayment term shorter than average

What's good

  • Finances a larger share of the price
  • Apply online
  • No down payment
  • Open to Egyptians and non-Egyptians
  • Early settlement penalty lower than average

Not known yet

1 more detail 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

Available online
Loan type
Auto Loan
Interest type
Reducing Balance
Interest rate
20.5%
Min amount
EGP 10,000
Max amount
EGP 4,000,000
Min term
6 mo
Max term
5 yrs
Max DTI
50%
Max financing
90%
Zero down payment
Yes
Processing fee (%)
0%
Early repayment penalty
8%

Eligibility & requirements

Min monthly income
EGP 10,000
Min age
21
Max age
60
Self-employed register months
35 mo
Approved employer
No
Requires collateral
Yes
Life insurance
Yes
Accepted employment types
EmployedGovernmentMilitarySelf-EmployedFreelancer
Accepted professions
any profession
Security types
Salary TransferWithout Salary Transfer
Required documents
National ID CopyRecent Salary CertificatePassport CopyBank Statement (Last 6 Months)Commercial RegisterTax CardHR / Employer LetterRecent Utility Bill
Vehicle types
Car
Vehicle conditions
New
Eligibility criteria
Nationalityboth

Programs

Loan programs
ProgramRateMax amountSegmentFinancingZero down
قرض السيارات الكهربائية20%—Market60%No

Do the maths

Car 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.

Our take 3.5

3.5 Banky rating

Pros

  • No administrative fees
  • Financing for new cars reaches 4,000,000 pounds.
  • Coverage of up to 90% of the new car's value (and up to 100% for salary transfer customers)
  • Flexible repayment periods: The repayment period extends up to 60 months (5 years).

Cons

  • The interest rate is relatively high.

Our take

First Abu Dhabi Bank Egypt's car financing programs are an excellent and comprehensive option.

Compare

Alternatives at a glance
Car loan FABMISR This one Auto Loan Agricultural Bank of Egypt Car loan National Bank of Egypt Car Loan Abu Dhabi Commercial Bank – Egypt
Interest rate
20.5% – 23.99% 20.5% – 24% 19.5% – 22.25% 19.5% – 20%
Loan amount
EGP 10K – 4M EGP 10K – 10M EGP 10K – 3M EGP 300K – 8M
Term up to
5 yrs 10 yrs 7 yrs 7 yrs
Type
Auto Loan Auto Loan Auto Loan Auto Loan
Compare with 3 similar loans

Added Wednesday 20 May 2026 - 11:46 AM Updated Wednesday 12 August 2026 - 12:00 PM