For pensioners only – get a 1.5 million EGP loan from Alexandria Bank

Bank of Alexandria provides many facilities to pensioners in the current period, the last of which was to offer loans to pensioners up to 1.5 million pounds

The most important information about the loan

The loan is prohibited for those under 65 years old.

The loan repayment period is up to 12 years.
The financing amount reaches 1.5 million pounds.

Get free life insurance for the length of the financing period.

Required Documents
A copy of the national ID.

A recent utility bill (electricity, gas, and telephone) with a date of no more than 3 months.

A pledge to transfer the pension to Bank of Alexandria

The loan is calculated according to:
The age of the beneficiary of the funding.

– The method of calculating the return, whether the return is fixed or variable.

Net monthly income.

– The amount of financing requested.

The purpose of the financing process.

Duration of funding.

– The monthly installment amount should not exceed 50% of the net monthly income.

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