Car Financing Program

NSGB car financing program allows you to own the car of your dreams!
Through this program, NSGB can finance up to 80% of the cost of your brand new car.

What are the benefits?
· Get the car you wish for right now and settle its cost to the bank over suitable monthly installments
· No limits on the maximum amount of the loan
· Choose flexibly the repayment period, which can start from 6 months and go up to 60 months
· Free life insurance policy throughout the repayment period
· No need to come to the Bank, the monthly installment is automatically deducted from your account

Who is entitled to NSGB Car Financing Program?
· NSGB Account holders whose salaries are transferred to their NSGB accounts
· Egyptian or resident in Arab Republic of Egypt
· 21 years old and above (maximum 60 years old at the end of the loan duration)

How to apply for Car Loan?
· Fill Loan application form in your nearest NSGB branch
· Submit a copy of your ID, salary certificate and the original of any utility bill
· Complete the requested documentation as follows


If Employed:                                          If Self-employed:

  • Provide an undertaking to transfer your monthly salary to NSGB
  
  • Deliver a copy of the taxation card & the Commercial Registration.
  • Undertaking provided by Your employer to transfer your salary or your dues (in case of determination, resignation or death) to your NSGB account
 		 
  • Provide a Bank Statement for the past year and a minimum personal wealth of LE 100,000

Loan Amount and Installment
· Minimum amount is EGP 15,000 and with no limits on the maximum amount
· Loan amount not to exceed total 15 months net salary
· Monthly installment not to exceed 25% of your monthly gross salary