2 products side by side
Auto Loan Agricultural Bank of Egypt
New Car Loan CIB Egypt No product wins everything — the right one depends on your need.
| Specs | Auto Loan Agricultural Bank of Egypt | New Car Loan CIB Egypt |
|---|---|---|
| Available online | No | No |
| Loan type | Auto Loan | Auto Loan |
| Interest type | Reducing Balance | Reducing Balance |
| Interest rate | 20.5% Best | 21.5% |
| Min amount | EGP 10,000 | EGP 0 Best |
| Max amount | EGP 10,000,000 | EGP 13,500,000 Best |
| Min term | 1 yr | 1 yr |
| Max term | 10 yrs | 8 yrs |
| Max DTI | 50% | — |
| Max financing | 80% | 100% Best |
| Zero down payment | No | Yes |
| Processing fee (%) | 2% | 1% Best |
| Processing fee (fixed) | — | EGP 200 |
| Early repayment penalty | 7% | — |
| Min monthly income | EGP 5,000 | — |
| Min age | 21 | — |
| Max age | 60 | — |
| Self-employed register months | 24 mo | — |
| Approved employer | No | No |
| Requires collateral | No | No |
| Life insurance | No | Yes |