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Mortgage Programs

Purchase the perfect house with easy installments

CBE Initiative Program for Middle-income people to finance the purchase of housing units.

Financing is available for purchase of fully finished and ready to move in residential units

FEATURES AND BENEFITS
  • The maximum price limit for a housing unit is 2.250,000 EGP
  • The maximum area limit of ​​a housing unit is 150 square meters
  • Funding is available for employees (public / private sector), business owners, self-employed persons, and Egyptians working abroad
  • Financing is available for real estate in various governorates of Egypt and the cities of new urban communities
  • The financing value can reach up to 80% of the property’s value.
  • The financing period is up to 20 years
  • Return rate is 8% diminishing (fixed installment throughout the financing period)
  • The possibility to combine the income of the husband / wife or family
  • The value of all financial liabilities with the mortgage installment included should not exceed 40% of the total inco
  • Life and total disability insurance during the financing period.
  • Insurance for the unit and the risk of fire during the financing period.
  • The minimum age of the client at the time of the grant should not be less than 21 years, and the maximum age of the customer at the entitlement of the last installment should not exceed 60 years for employees and 65 years for business owners and self-professions.
  • Monthly income: The single individual income should not be less than 3,500 EGP and should not exceed 40,000 EGP
  • Monthly income: The family income should not be less than 5,700 EGP and should not exceed 50,000 EGP