2 products side by side
New Car Loan CIB Egypt
Car Loans bank abc New Car Loan — best on every question below.
| Specs | New Car Loan CIB Egypt | Car Loans bank abc |
|---|---|---|
| Available online | No | No |
| Loan type | Auto Loan | Auto Loan |
| Interest type | Reducing Balance | Fixed |
| Interest rate | 21.5% | 0% |
| Min amount | EGP 0 Best | EGP 3,500,000 |
| Max amount | EGP 13,500,000 Best | EGP 10,000,000 |
| Min term | 1 yr | 1 yr |
| Max term | 8 yrs | 8 yrs |
| Max DTI | — | 50% |
| Max financing | 100% | 100% |
| Zero down payment | Yes | Yes |
| Processing fee (%) | 1% Best | 1.5% |
| Processing fee (fixed) | EGP 200 | — |
| Early repayment penalty | — | 10% |
| Min monthly income | — | EGP 10,000 |
| Min age | — | 21 |
| Max age | — | 65 |
| Approved employer | No | No |
| Requires collateral | No | No |
| Life insurance | Yes | Yes |