Do banks in Egypt finance scooters and motorcycles? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Do banks in Egypt finance scooters and motorcycles?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Yes, several Egyptian banks have launched programs to finance scooters and motorcycles (for personal use, not commercial use). They feature a down payment starting from 10% to 20%, but the repayment period is shorter (3 to 5 years at most) and the financing amount is lower compared with cars.

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