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Loan Secured by a Savings Vessel Arab African International Bank
Loan Secured by Savings Vessels Agricultural Bank of Egypt No product wins everything — the right one depends on your need.
| Specs | Loan Secured by a Savings Vessel Arab African International Bank | Loan Secured by Savings Vessels Agricultural Bank of Egypt |
|---|---|---|
| Available online | No | No |
| Loan type | Personal Loan | Personal Loan |
| Interest type | Reducing Balance | Reducing Balance |
| Interest rate | 4% | 0% Best |
| Min amount | EGP 10,000 | EGP 0 Best |
| Max amount | EGP 6,000,000 Best | EGP 0 |
| Min term | 1 yr | 1 yr |
| Max term | 10 yrs | 10 yrs |
| Max DTI | 50% | 50% |
| Max financing | 93% Best | 90% |
| Zero down payment | No | Yes |
| Processing fee (%) | 2% | 2% |
| Processing fee (fixed) | EGP 300 | — |
| Early repayment penalty | 10% | 7% Best |
| Min age | 25 | 21 |
| Max age | 65 | 60 |
| Approved employer | No | No |
| Requires collateral | Yes | Yes |
| Life insurance | No | No |