Vehicle Replacement

Finance Initiative

Vehicles replacement initiative from Arab African International Bank in cooperation with ministry of Finance and Central Bank of Egypt, offering the best car financing program with least documentation and fast approval for individuals who own cars with more than 20 manufacturing years, to replace them with new cars working with dual fuel (gas/ natural gas).


Feature and Benefits:

- Fixed interest rate 3%

- No down payment

- Loan tenor 7 or 10 years

- Car insurance covering accident or total loss

- full life insurance

- Simple documentations and fast approval


General Conditions and required documents:

- Copy of valid ID

- HR letter

- Utility bill (gas or electricity)

- Copy of driving license

- Copy of Valid car license

- For application and more information visit (


Participating AAIB Branches in the Initiative:

Cairo Branches: (Al-Azhar Branch / El-Tayran Branch)

Giza Branches: (Nawal Branch / Abo Elhol Branch)

Other Governorates:

- Qalubyah Governorate: Banha Branch

- Alexandria Governorate: Roshdy Branch

- Suez Branch

- Hurghada Branch

- Port Said Branch


*Terms & Conditions apply

*For further information, please call 19555 (24hours/7days)