Editor-in-Chief Mohamed Salah
BANKY NOW 5 Nov 2026
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Loans
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3 products side by side
- Remove
Car Loans bank abc - Remove
New Car Loan CIB Egypt - Remove Electric car Loan bank abc
New Car Loan — best on every question below.
Best for…
- Largest amount New Car Loan EGP 13,500,000 vs EGP 10,000,000 at Car Loans & Electric car Loan
- Lowest processing fee New Car Loan 1% vs 1.5% at Car Loans & Electric car Loan
Biggest differences
- Min amount EGP 3,500,000 apart
- Processing fee (%) 0.5 pts apart
- Max amount EGP 3,500,000 apart
All specifications
| Specs | Car Loans bank abc | New Car Loan CIB Egypt | Electric car Loan bank abc |
|---|---|---|---|
| Available online | No | No | No |
| Loan type | Auto Loan | Auto Loan | Auto Loan |
| Interest type | Fixed | Reducing Balance | Reducing Balance |
| Interest rate | 0% | 21.5% | 21.5% |
| Min amount | EGP 3,500,000 | EGP 0 Best | EGP 10,000 |
| Max amount | EGP 10,000,000 | EGP 13,500,000 Best | EGP 10,000,000 |
| Min term | 1 yr | 1 yr | 1 yr |
| Max term | 8 yrs | 8 yrs | 8 yrs |
| Max DTI | 50% | — | 50% |
| Max financing | 100% | 100% | 100% |
| Zero down payment | Yes | Yes | Yes |
| Processing fee (%) | 1.5% | 1% Best | 1.5% |
| Processing fee (fixed) | — | EGP 200 | — |
| Early repayment penalty | 10% | — | 10% |
| Min monthly income | EGP 10,000 | — | EGP 10,000 |
| Min age | 21 | — | 21 |
| Max age | 65 | — | 65 |
| Approved employer | No | No | No |
| Requires collateral | No | No | Yes |
| Life insurance | Yes | Yes | No |