Certificatesof deposit, deposits, or savings accounts
Benefits
• Repayment can be extended for up to 180 months.
• The financing amount is equivalent to 100% of the unit's value, factoring in the credit ratio for each savings account.
• Offers a competitive interest rate.
• Financing can go as high as 50 million EGP.
• Minimal administrative fees for the loan (collected upon loan disbursement).
Client's Required Documents
• A photocopy of a valid national identification card for Egyptian citizens (or a valid passport for non-Egyptians).
Unit's Required Documents
• The seller's title deed.
• Building permit or Form 10 for accepting reconciliation for any violations.
• Any additional documents necessary for the legal research process.