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