Payroll Auto Loan
Features:
Max loan amount up to EGP 5 million.
Monthly, quarterly, semi-annual, or annual installments available for the petroleum sector.
Financing up to 100% of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to 120 months.
Free Life insurance coverage throughout the loan period.
No sale restrictions or mandatory Insurance.
Zero down payment.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: 21 years.
Maximum age: Up to 60 years at loan maturity (can reach 65 years if any contracts are extended).
Minimum net monthly income: EGP 5,000.
Documentations :
Copy of a valid national ID.
Undertaking to transfer the salary or the installment.
Car price quotation from coded showrooms at Suez Canal Bank.
* Terms and conditions apply.
Fully Salary / Installment Transfer Auto Loan
Features:
Max loan amount up to EGP 5 million.
Monthly, quarterly, semi-annual, or annual installments available for the petroleum sector.
Financing up to 100% of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to 120 months.
Free Life insurance coverage throughout the loan period.
No sale restrictions or mandatory Insurance.
Zero down payment.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: 21 years.
Maximum age: Up to 60 years at loan maturity (can reach 65 years if any contracts are extended).
Minimum net monthly income: EGP 6,000.
Documentations :
Copy of a valid national ID.
Income proof documents.
Undertaking to transfer the salary or the installment.
Car price quotation from coded showrooms at Suez Canal Bank.
* Terms and conditions apply.
Non-Salary Transfer Auto Loan
Features:
Max loan amount up to EGP 4 million.
Monthly installments.
Financing up to 80 % of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to 84 months.
Free Life insurance coverage throughout the loan period.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: 21 years.
Maximum age: Up to 60 years at loan maturity (can reach 65 years if any contracts are extended).
Minimum net monthly income: EGP 6,000.
Documentations :
Copy of a valid national ID.
Income documents.
Undertaking to transfer the salary or the installment.
Car price quotation from coded showrooms at Suez Canal Bank.
* Terms and conditions apply.
Self-Employed Auto Loan
Features:
Max loan amount up to EGP 10 million.
Monthly installments.
Financing up to 70 % of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to 84 months.
Free Life insurance coverage throughout the loan period.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: 25 years.
Maximum age: Up to 65 years.
Minimum net monthly income: EGP 15,000.
Documentations :
Copy of a valid national ID.
Copy of recent & valid commercial Register + Valid taxation card.
Last 6 months personal or company bank statements.
Car price quotation from coded showrooms at Suez Canal Bank.
* Terms and conditions apply.
60% - Down Payment Program
Features:
Max loan amount up to EGP 5 million.
Monthly installments.
Financing up to 40% of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to months.
Free Life insurance coverage throughout the loan period.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: Salaried: 21 years / Self-Employed: 25 years.
Maximum age: Up to 60 years at loan maturity (Up to 65 years subject to contract renewal/Extended).
Minimum net monthly income: For Salaried: EGP 6,000 / For Self-employed: EGP 15,000.
Documentations :
Copy of a valid national ID.
Car price quotation from coded showrooms at Suez Canal Bank.
Commercial registration and Tax Card for self-employed professionals.
* Other documents may be requested.
* Terms and conditions apply.
50% - Down Payment Surrogate Program
Features:
Max loan amount up to EGP 5 million.
Monthly installments.
Financing up to 50% of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to 84 months.
Car insurance not mandatory.
Free Life insurance coverage throughout the loan period.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: Salaried: 21 years / Self-Employed: 25 years.
Maximum age: Up to 60 years at loan maturity (Up to 65 years subject to contract renewal/Extended).
Minimum net monthly income: For Salaried: EGP 6,000 / For Self-employed: EGP 15,000.
Ban on sale on the financed car favor Suez Canal Bank.
Documentations :
Copy of a valid national ID.
Car price quotation from coded showrooms at Suez Canal Bank.
Commercial registration and Tax Card for self-employed professionals.
* Other documents may be requested.
* Terms and conditions apply.
40% - Down Payment Surrogate Program
Features:
Max loan amount up to EGP 5 million.
Monthly installments.
Financing up to 60% of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to 84 months.
Car insurance not mandatory.
Free Life insurance coverage throughout the loan period.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: Salaried: 21 years / Self-Employed: 25 years.
Maximum age: Up to 60 years at loan maturity (Up to 65 years subject to contract renewal/Extended).
Minimum net monthly income: For Salaried: EGP 6,000 / For Self-employed: EGP 15,000.
Ban on sale on the financed car favor Suez Canal Bank.
Documentations :
Copy of a valid national ID.
Car price quotation from coded showrooms at Suez Canal Bank.
Commercial registration and Tax Card for self-employed professionals.
Salary transfer for employees.
* Other documents may be requested.
* Terms and conditions apply.
30% - Down Payment Surrogate Program
Features:
Max loan amount up to EGP 5 million.
Monthly installments.
Financing up to 70% of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to 84 months.
Free Life insurance coverage throughout the loan period.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: Salaried: 21 years / Self-Employed: 25 years.
Maximum age: Up to 60 years at loan maturity (Up to 65 years subject to contract renewal/Extended).
Minimum net monthly income: For Salaried: EGP 6,000 / For Self-employed: EGP 15,000.
Bank on sale on the financed car and car insurance is mandatory.
Documentations :
Copy of a valid national ID.
Car price quotation from coded showrooms at Suez Canal Bank.
Commercial registration and Tax Card for self-employed professionals.
Salary transfer for employees.
* Other documents may be requested.
* Terms and conditions apply.
20% - Down Payment Surrogate Program
Features:
Max loan amount up to EGP 5 million.
Monthly installments.
Financing up to 80% of the car price.
Competitive interest rates.
Loan tenor starting from 6 months and up to 84 months.
Free Life insurance coverage throughout the loan period.
Approval within 24 hours.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: Salaried: 21 years / Self-Employed: 25 years.
Maximum age: Up to 60 years at loan maturity (Up to 65 years subject to contract renewal/Extended).
Minimum net monthly income: For Salaried: EGP 6,000 / For Self-employed: EGP 15,000.
Bank on sale on the financed car favore Suez Canal Bank.
Documentations :
Copy of a valid national ID.
Car price quotation from coded showrooms at Suez Canal Bank.
Commercial registration and Tax Card for self-employed professionals.
Salary transfer for employees.
* Other documents may be requested.
* Terms and conditions apply.
Semi – Covered Auto loan
Features:
Up to 100% of the CD amount, where 90% of the loan amount is secured and the rest of the loan is treated unsecured.
Monthly, Quarterly, Semi Annually or Annually for secured portion and monthly installments only for unsecured portion Installment.
Competitive interest rates.
Loan tenor starting from 6 months and up to 84 months.
No ban on sale on the financed car and car insurance is not mandatory.
Free Life insurance coverage throughout the loan period.
Approval within 24 hours.
Free Life insurance coverage throughout the loan period.
Ease of paying installments through bank branches or online banking.
Conditions:
Minimum age: 21 years.
Maximum: Salaried: 60 Years (Can reach 65 years if any contracts are extended) / Self-Employed: 65 Years at loan maturity.
Documentations :
Copy of a valid national ID.
* Other documents may be requested.
* Terms and conditions apply.