Arab African International Bank - Auto Loan
AAIB offers the most competitive Auto loan program in the Egyptian market. Packaged with maximum benefits and services tailored to add value to our clients.
  • Highly competitive interest rate
  • Minimum loan amount EGP 22,000
  • Maximum loan amount EGP 1,500,000
  • Flexible loan amount up to 84 months ( 7 years )
  • Down payment as low as 10 % of the car value
  • Free life insurance for the whole loan tenor
  • Variety of car insurance companies to choose from
  • Finance up to 3 new cars per individual provided income criteria is met.
  • Deferral of up to three installments per year.
  • No power of attorney is required
  • No keys to be kept in the bank’s custody.
  • No guarantor is required.
  • Loan amount can extend up to26 multiples of monthly income.

General Conditions

  • Opening an account with AAIB
  • Loan applicant’s age should be above 21 and below 64 at loan maturity
  • Customers should be employed in current company for at least 6 months
  • Salaried employees having their payroll with AAIB
  • Salaried employees non-pay roll with AAIB
  • Self employed

Check the flyer here
For more information call
19555 (24 h / 7 days) or +202 26733107