Auto
Loan

AAIB offers the most competitive Auto loan program in the Egyptian market. Packaged with maximum benefits and services tailored to add value to our clients.
Benefits
- Highly competitive interest rate
- Minimum loan amount EGP 22,000
- Maximum loan amount EGP 1,500,000
- Flexible loan amount up to 84 months ( 7 years )
- Down payment as low as 10 % of the car value
- Free life insurance for the whole loan tenor
- Variety of car insurance companies to choose from
- Finance up to 3 new cars per individual provided income criteria is met.
- Deferral of up to three installments per year.
- No power of attorney is required
- No keys to be kept in the bank’s custody.
- No guarantor is required.
- Loan amount can extend up to26 multiples of monthly income.
General Conditions
- Opening an account with AAIB
- Loan applicant’s age should be above 21 and below 64 at loan maturity
- Customers should be employed in current company for at least 6 months
- Salaried employees having their payroll with AAIB
- Salaried employees non-pay roll with AAIB
- Self employed
Check the flyer here
For more information call
19555 (24 h / 7 days) or +202 26733107