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Banque Misr Offers New Loan Requiring Only Proof of Income

Jan 22, 2017 12:00 AM

In efforts to offer novel ways to meet the needs of customers across all segments, and to provide a distinguished banking service, Banque Misr is introducing a new product, adding to its distinctive range of personal loans.

The new loan provides uniquely simple procedures, whereby loan applicants are only required to provide a certificate of income or bank statement, without a requirement for a guarantee from the workplace or the transferring of the salary to the bank. The maximum value of the loan is EGP 500,000, with a maximum repayment period of six years, and competitive interest rates.

Banque Misr offers the loan to government employees, as well as workers in the public and private sector. The new loan also includes special programs for banking professionals, as well as workers in the petroleum, petrochemicals, and communications industries, in addition to freelancers, doctors, engineers, and pharmacists.

Banque Misr seeks to meet all its customers' needs by offering a comprehensive range of banking products and services.