Banque Misr Personal Loan Consumer Loans - Loans for purchase of consumer goods

Minimum Salary needed Not mentioned
Maximum amount available LE 8000
Length of Loan 4 years
Profit Rate A consumer interest of 8% annually is charged
Upfront Fees ( if any ) Not mentioned
Eligibility These loans are offered to employees in government, public business sector, banks, investment sector and private sector, for purchasing durable consumer goods, guaranteed through transfer of salary; Loans are given with a maximum of 10 month salary for the debtor and the same for the guarantor
Main Features The loan can be reciprocal for each of the debtor and the guarantor