3 products side by side
Car loan FABMISR
Auto Loan Agricultural Bank of Egypt
Car loan National Bank of Egypt No product wins everything — the right one depends on your need.
| Specs | Car loan FABMISR | Auto Loan Agricultural Bank of Egypt | Car loan National Bank of Egypt |
|---|---|---|---|
| Available online | Yes | No | No |
| Loan type | Auto Loan | Auto Loan | Auto Loan |
| Interest type | Reducing Balance | Reducing Balance | Reducing Balance |
| Interest rate | 20.5% | 20.5% | 20.5% |
| Min amount | EGP 10,000 | EGP 10,000 | EGP 10,000 |
| Max amount | EGP 4,000,000 | EGP 10,000,000 Best | EGP 3,000,000 |
| Min term | 6 mo | 1 yr | 1 yr |
| Max term | 5 yrs | 10 yrs | 7 yrs |
| Max DTI | 50% | 50% | 50% |
| Max financing | 90% | 80% | 100% Best |
| Zero down payment | Yes | No | Yes |
| Processing fee (%) | 0% Best | 2% | 2% |
| Processing fee (fixed) | — | — | EGP 250 |
| Early repayment penalty | 8% | 7% | 3% Best |
| Min monthly income | EGP 10,000 | EGP 5,000 Best | EGP 5,000 Best |
| Min age | 21 | 21 | 21 |
| Max age | 60 | 60 | 60 |
| Self-employed register months | 35 mo | 24 mo Best | — |
| Approved employer | No | No | No |
| Requires collateral | Yes | No | Yes |
| Life insurance | Yes | No | No |