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Scooter loan

Scooter Loan is granted to Egyptians through the following finance schemes at a competitive rate:

  • Employees with a pledge from their employing company to transfer the monthly salary / installment
  • Employees with proof of income certificate
  • Self-employed professionals and commercial and industrial business owners
  • Loans guaranteed against savings deposits (Egyptians and foreigners)

General loan conditions:

  • Competitive rate
  • Minimum age of debtor is 21 years old
  • A loan cap of EGP 400,000 (terms apply)
  • Financing up to 100% of the value of the scooter (terms apply)
  • Loan term of up to 84 months


Required documents:

  • Copy of valid National ID card
  • Recent original utility bill at the customer’s residence (gas, electricity, water, telephone)
  • Scooter price quotation from the showroom


For employees:

  • A certificate of monthly salary is required
  • Employer's pledge to transfer the monthly salary / installment (in case of employer’s pledge)

For self-employed, commercial and industrial business owners:

  • Copy of recent extract from the commercial registry for commercial and industrial activities
  • Copy of permit to practice the profession, for self-employed
  • Copy of tax card
  • Bank statement for the previous 6 months or income statement from a public accountant, approved by the Central Bank of Egypt or the Egyptian Society for Accountants and Auditors.


Additional benefits:

  • Car resale ban and car insurance are not required
  • Free life insurance policy throughout the loan period
  • Scooter can be licensed to a third-party (terms apply)



*Terms and conditions apply

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