3 products side by side
Car loan National Bank of Egypt
Car Loan Abu Dhabi Commercial Bank – Egypt
Car loan FABMISR No product wins everything — the right one depends on your need.
| Specs | Car loan National Bank of Egypt | Car Loan Abu Dhabi Commercial Bank – Egypt | Car loan FABMISR |
|---|---|---|---|
| Available online | No | Yes | Yes |
| Loan type | Auto Loan | Auto Loan | Auto Loan |
| Interest type | Reducing Balance | Reducing Balance | Reducing Balance |
| Interest rate | 20.5% | 20% Best | 20.5% |
| Min amount | EGP 10,000 Best | EGP 300,000 | EGP 10,000 Best |
| Max amount | EGP 3,000,000 | EGP 8,000,000 Best | EGP 4,000,000 |
| Min term | 1 yr | 6 mo | 6 mo |
| Max term | 7 yrs | 7 yrs | 5 yrs |
| Max DTI | 50% | 50% | 50% |
| Max financing | 100% Best | 50% | 90% |
| Zero down payment | Yes | No | Yes |
| Processing fee (%) | 2% | 2% | 0% Best |
| Processing fee (fixed) | EGP 250 | — | — |
| Early repayment penalty | 3% Best | — | 8% |
| Min monthly income | EGP 5,000 Best | EGP 50,000 | EGP 10,000 |
| Min age | 21 | 21 | 21 |
| Max age | 60 | 60 | 60 |
| Self-employed register months | — | 24 mo Best | 35 mo |
| Approved employer | No | No | No |
| Requires collateral | Yes | No | Yes |
| Life insurance | No | No | Yes |