Auto Loan

Auto Loan

Now own your dream car with SAIB and benefit from the strongest finance programs in Egypt.

Auto loan benefits:

  • Finance up to 100% of Car price.
  • Financing up to EGP 1 Million according to program type.
  • Flexible repayment period with minimum of 12 months and up to 84 months.
  • Various programs that suit all needs for Egyptian customers only.
  • Competitive interest rate.
  • Possibility of car finance with no ban on sale or car insurance.
  • Convenience of repayment through various SAIB branches / ATM or through the transfer of salary / installment.

Clients’ Categories:

  • Employees at (Government Sector / Public Sector / Private Sector / Business Sector / Petroleum Companies/ Banks / Faculty Universities Members / Multinational Companies / Companies Listed in Egyptian Stock Exchange.).
  • Businessmen.
  • Professionals.

General Required Documents:

  • Copy of valid national ID.
  • Original recent Utility Bill (optional).
  • Car Loan application.
  • Dated Car Price Quotation showing car options.

Income Proof Programs:


Employees:

  • Original HR letter showing the hiring date, title and monthly salary or last 3 months bank statement showing salary or last 3 stamped salary slips.
  • Company undertaking letter to transfer the salary / installment according to the bank template in cases of transfer only.

Businessmen and Professionals:

  • Recent and valid Commercial Register
  • Copy of valid Tax Card.
  • Alternative for Professionals like (license to practice profession and license of establishment).
  • Stamped original company’s bank statement for the last 6 months along with copy of Company contract or Stamped original Customer’s Bank statement for the last 6 months.

The Bank has the right to request additional documents if necessary.


Without Income Proof programs:

“No additional documents required “.

 

For more information, please call 16668 24/7 or visit the nearest branch.

All Terms and Conditions apply.