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Real Estate Financing 

Financing Programs

Real estate financing for individuals guaranteed by saving vessels (Certificates, deposits and savings)

Specifications:

  • The biggest loan value of up to EGP 5M.
  • The longest installment period of up to 15 years.
  • The highest financing rate of up to 100% of the residential unit amount.
  • A competitive return rate.

Documents Required from the client:

  1. A photocopy of the valid national ID card.
  2. Loan application.

Real estate financing for Egyptian individuals working abroad with monthly income

Specifications (soon):

  • The biggest financing value of up to EGP 5M.
  • The longest repayment period of up to 15 years.
  • Competitive rate of return.
  • The lowest administrative fee for the loan. (To be collected up at the time of loan disbursement)

Features:

  • The client will be exempted from the account opening fee as well as the fiscal stamp and credit report fee.
  • Financing will be provided to purchase the unit for the purpose of residence or summer residence units.
  • Free life insurance (In case of mortality, no dues will be claimed by the bank).

Product characteristics:

  • A loan amounting to EGP 5M to clients with monthly income from entities and companies in different countries.
  • Loan period of up to 15 years.
  • Financing percentage of up to 80% of the residential unit amount.
  • Life & full disability insurance policy to be incurred by the bank.
  • The minimum monthly net income is $5000 or equivalent.
  • The minimum age of the beneficiary is 25 years and the maximum is 60 years at the end of the financing period.

Required Documents:

  1. A photocopy of the valid national ID card of the customer and guarantor.
  2. A photocopy of the client's valid passport.
  3. A certified photocopy of the employment contract.
  4. A residence lease contract/proof of residence address abroad.
  5. Mobile phone invoice for the last 3 months.
  6. Proof of residence period abroad.
  7. Bank account statement indicating the monthly income transferred to the client for the last 3 months.

First stage documents

Summary - Egyptians Abroad Individual Mortgage

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