Minimum Salary needed |
EGP 2,000 |
Maximum amount available |
EGP 750,000 |
Length of Loan |
7 Years |
Profit Rate |
Not mentioned |
Upfront Fees ( if any ) |
Administration Fees 1.5% - 2% (min. EGP 150 - no max.) |
Eligibility |
Customer should complete probation period with current employer; Minimum age should be 21, and maximum age is 65 years at the end of the finance repayment period; Customer's employer must be on the Bank's approved company list; Customer should have Egyptian Nationality or Foreigner with valid passport and valid residency in Egypt |
Main Features |
No minimum balance is required on the related account for the finance period; Fixed equal monthly installments for easy planning of monthly budget; Pre-approved Credit Card free of first year annual fees; Flexibility to increase Finance amount (Top-UP); HSBC can buy-out customer's Personal Finance with other banks |