Compare: Auto Loan vs New Car Loan | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 5 Nov 2026
  • Central Bank of Egypt
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SpecsAuto Loan bank nxtNew Car Loan CIB Egypt
Available onlineNo No
Loan typeAuto Loan Auto Loan
Interest typeReducing Balance Reducing Balance
Interest rate0% Best21.5%
Min amountEGP 0 EGP 0
Max amountEGP 8,000,000 EGP 13,500,000 Best
Min term1 yr 1 yr
Max term8 yrs 8 yrs
Max financing100% 100%
Zero down paymentYes Yes
Processing fee (%)0% Best1%
Processing fee (fixed)— EGP 200
Approval time1 days —
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