Al Baraka Bank of Egypt S.A.E Personal Loan - Financing the purchase of furniture,durable goods

Minimum Salary needed 3000 L.E
Maximum amount available Maximum finance 100.000 L.E. (for durable goods) 500.000 L.E. (for furniture).
Length of Loan 6 years
Profit Rate Not mentioned
Upfront Fees ( if any ) Not mentioned
Eligibility Age ranging from 21 to 65 by the end of finance or retirement age; Monthly installment must not exceed 40% of the gross income
Main Features Early retired clients ; Employees of government, private sectors and insurance companies, Egyptians working abroad; Clients who have additional income (other than salaries); Professionals as (Doctors, Engineers…. Etc); Finance can be without salary/ installment transfer; Finances offer of goods; Bank gives a reward for early repayment