2 products side by side
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| Specs | Auto Loan Agricultural Bank of Egypt | Car loan FABMISR |
|---|---|---|
| Available online | No | Yes |
| Loan type | Auto Loan | Auto Loan |
| Interest type | Reducing Balance | Reducing Balance |
| Interest rate | 20.5% | 20.5% |
| Min amount | EGP 10,000 | EGP 10,000 |
| Max amount | EGP 10,000,000 Best | EGP 4,000,000 |
| Min term | 1 yr | 6 mo |
| Max term | 10 yrs | 5 yrs |
| Max DTI | 50% | 50% |
| Max financing | 80% | 90% Best |
| Zero down payment | No | Yes |
| Processing fee (%) | 2% | 0% Best |
| Early repayment penalty | 7% Best | 8% |
| Min monthly income | EGP 5,000 Best | EGP 10,000 |
| Min age | 21 | 21 |
| Max age | 60 | 60 |
| Self-employed register months | 24 mo Best | 35 mo |
| Approved employer | No | No |
| Requires collateral | No | Yes |
| Life insurance | No | Yes |