HSBC Bank Egypt S.A.E Finance Scheme with Salary/Installment Transfer to HSBC

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