11:49 am
Saturday 13 June 2020
–
Written – Manal source:
All competing banks to provide a loan vehicle to customers whether staff in the public or private sector in order to increase the sales of loans and attract new customers.
The software auto finance banks between the to represent the employees or self-employed or agent containers savings to the customer by the bank.
Influenced by the request for car loans whether to decline or recovery in bank events and economic conditions, but quickly recovered to her natural as soon as improved economic conditions.
As long as the economic implications of a virus “- Cov” sales of auto loans in the banks, which have seen a decline in demand and absence of appetite of customers to buy, according to officials and bankers to”CareerBuilder” previously.
The public documents required: copy of national ID (valid) and the price of the car historian and illustrated by the accessory of the car from the Authorized Dealers certificate from the employer and total monthly income.
Presents “CareerBuilder” all the details of the general information that the customer wants to know about car loan for employees in the private sector or the government in 5 banks.
1-the Arab African International Bank:
The value of the loan: from 22 thousand pounds to 1.5 million pounds.
Repayment period: from one year to 7 years.
Interest rate: ranging from 16% to 23% by the type of company that works out of the client.
Administrative expenses: 1.5% of the total value of the loan.
The age of the customer: not less than 21 years and not more than 60 years.
Monthly income of the client:3 thousand pounds at a minimum.
Percentage of financing: up to 90% of the total value of the loan
2-commercial international bank CIB:
The value of the loan: financing of up to a million pounds.
Repayment period: the funding period up to 5 years.
Interest: the price of a competitive return ranging from 13% to 14.5%.
Administrative expenses: a 50% discount on administrative expenses
Age of customer: 21 years and not more than 60 years when repaying the last installment of the loan.
Monthly income of the client: 3 thousand pounds a minimum of per month.
The proportion of financing: financing up to 100% of the value of the car.
3-Bank of Alexandria:
The value of the loan ranging from 15 thousand pounds up to 1.5 pounds as the possibility of coding the company’s bank or transfer salary to the bank.
The loan repayment duration ranges from a year to 10 years depending on the possibility of salary transfer to bank or installment or no load.
Interest rate: ranging from 15% Variety and 23% according to the rating company the bank as well as the possibility of coding or non-coding by the bank.
Administrative expenses: ranging from 2% to 2.5% depending on the possibility of converting the link take the company and the duration of the repayment of the loan.
Monthly income of the client: at least a thousand pounds.
Minimum age of borrower from 21 years and over 60 years when repaying the last installment of the loan.
Percentage of financing: up to 100% the bank also allows the client to pay part of the price of the car as ranging from 20% to 50% of the total price of the car.
4-National Bank of Egypt:
Value of funding: ranging from 20 thousand pounds to a million pounds max.
The repayment period ranging from a year to 7 years.
Interest rate: ranging from 18 percent to 19 percent per year varied by the type of job the client.
Administrative expenses: ranging from 1.5% to 2% depending on the salary transfer.
Age: between 21 years to 60 years when the payment of another premium.
Salary: a minimum monthly income of 1500 pounds.
Percentage of financing: up to 100% of the total loan.
5. bank:
The value of the loan ranging from 15 thousand pounds to 750 pounds maximum.
The repayment period ranging from a year to 8 years.
Interest rate ranging between 17% to 18.5% depending on the type of job the client.
Administrative expenses: 1% of the total value of the loan.
Age: between 21 years to 65 years of age when repaying the last installment.
Salary: a minimum monthly income of a thousand pounds for government employees and two thousand pounds to the private sector.
The ratio of funding: 90% of the total value of the car.
– .
