Join Faydety as we find out the terms of how to get the National Bank of Egypt’s new 200,000 EGP loan with a repayment plan of 4 years. The loan can even reach 500,000 EGP without any collateral as announced by the bank.
NBE loans
The loan announced by the National Bank of Egypt is a personal loan with only the applicant’s salary or the end of employment bonus as collateral.
The 200,000 EGP loan:
The loan’s amount and duration are different than other loans as follows
- This loan is available for employed individuals. The loan is after all guaranteed by either the salary of the end of employment bonus.
- The applicant must be a client of NBE.
- Loan amount: up to 200,000 EGP
- Duration: up to 4 years.
The 500,000 EGP loan from NBE:
- For customers who are employed at companies in the petroleum sector or the Egyptian General Petroleum Co.
- Loan amount: up to 500,000 EGP.
- Duration: up to 4 years.
Other loans offered by NBE in 2022:
- Loan amount: up to 750,000 EGP.
- Duration: up to 4 years.
- Available to those employed by private and multinational companies listed in NBE.
Requires documentation:
- Copy of National ID
- The applicant must be between 21 and 60 years of age at the end of the financing period.
- HR letter with the monthly salary stated and the date of employment.
- Recent electricity bill no older than 3 months.
Get the best personal loans from Egyptian banks now!