Arabic

Personal Banking

Auto Loan

Buying the car of your dreams could not be easier and more convenient! With Arab Bank Auto Loan, you will be in the driver’s seat faster than you can imagine. It is flexible, easy to arrange and offers you a host of benefits including:

  • Competitive interest rates
  • Financing up to 100% of the car value
  • Finance facility for new and used cars
  • Loan amount up to EGP 900,000 for new cars and EGP 350,000 for used cars
  • Loan tenure up to 6 years for new cars and up to 5 years for used cars
  • Free life insurance
  • Flexible down payment options
  • Special auto insurance rates
  • Quick loan processing time
  • Dedicated Sales Team - ready to serve you at your convenience

Special Program for new cars

  • Financing up to 70% of car value
  • No income proof documents required
  • Finance facility up to two cars for new customers
  • finanace facility up to two cars for existing customers with Arab Bank Auto Loan

So Why Wait! Drive away with the car of your dreams today!

How to Apply
  • Through our Online Application Form
  • Call our Contact Center on 19100
  • Visit any of our branches (visit our Branch Locator page here)

Required Documents*
  • Valid national ID (for Residents) or valid passport with valid Resident visa (for Non-Residents)
  • Recent utility bill e.g. electricity, telephone or gas bill 
  • Latest Salary/Income/Employment verification document
  • Salary account statement for the last 3 months for employees and last 6 months account for self employed and professionals
  • Dealer price quotation including all car specifications
  • Certificate stating vehicle status and market price/value issued from an approved Arab Bank evaluator (For used Cars only)

*The bank reserves the right to ask for additional documents which it finds relevant specifically to the case.

Required Documents for Special Program for new Cars*
  • Price quotation (from approved dealer)
  • Down payment receipt
  • Valid national ID
  • Recent utility bill e.g. electricity, telephone or gas bill
  • Work evidence (proof of employment)

 *The bank reserves the right to ask for additional documents which it finds relevant specifically to the case.

 

For more information, please call our Customer Contact Center on 19100.

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