Certificates
of deposit, deposits, or savings accounts
Specifications:
- The longest repayment period, with installments for up to 15 years
- The rate of financing is up to 100% of the value of housing unit, taking into consideration the loaning rate of each pot of the savings
- Competitive interest rate
- The highest loan value, at up to EGP 50 million
Documents required from client:
- Copy of a valid national ID card (or valid passport for foreigners)
- Loan application
Documents required for the residential unit to be purchased:
- In the event that the unit is registered or eligible for registration:
- Registered deed title, free of in-kind dues owed to third parties
- In the event that the unit is ineligible for registration:
- A preliminary sale contract between the client and the owner of the residential unit, as well as the seller's deed title
- A preliminary sale contract between the client and the owner of the residential unit, as well as the seller's deed title
