Compare: New Car Loan vs Auto Loan | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 5 Nov 2026
  • Central Bank of Egypt
  • 🇺🇸 USD Buy 53.87 Sell 54.01 −0.76 −1.38%
  • 🇪🇺 EUR Buy 60.45 Sell 60.61 −1.03 −1.67%
  • 🇬🇧 GBP Buy 72.52 Sell 72.72 −1.14 −1.54%
  • 🇸🇦 SAR Buy 14.35 Sell 14.39 −0.20 −1.38%
  • 🇦🇪 AED Buy 14.67 Sell 14.71 −0.21 −1.40%
  • 🇰🇼 KWD Buy 174.97 Sell 175.48 −2.46 −1.38%
  • 24 Karat 7,120.00 −15.00 −0.21%
  • 21 Karat 6,230.00 −15.00 −0.24%
  • 18 Karat 5,340.00 −15.00 −0.28%
  • Gold Pound 49,840.00 −120.00 −0.24%
  • Ounce 221,455.00 −535.00 −0.24%
Loans

Compare Loans

2 products side by side

No product wins everything — the right one depends on your need.

Best for…

Biggest differences

All specifications

Compare Loans
SpecsNew Car Loan CIB EgyptAuto Loan bank nxt
Available onlineNo No
Loan typeAuto Loan Auto Loan
Interest typeReducing Balance Reducing Balance
Interest rate21.5% 0% Best
Min amountEGP 0 EGP 0
Max amountEGP 13,500,000 BestEGP 8,000,000
Min term1 yr 1 yr
Max term8 yrs 8 yrs
Max financing100% 100%
Zero down paymentYes Yes
Processing fee (%)1% 0% Best
Processing fee (fixed)EGP 200 —
Approval time— 1 days
Browse all Loans