This program will cover customer needs from transportation vehicles and distribution 

Program Terms& Conditions:

  • Finance up to 80% from the vehicles max 1,000,000 EGP.

Tenors:

  • Maximum 5 years (including notice period up to 3 month) .

Guarantee:

  • Sale banning in favor of the bank.
  • Issuance insurance letter on the cars funded by the full value in favor of the bank.
  • Signing a primary contract for the benefit of the bank.

Additional document:

  • Quotations from the suppliers included (price – model … etc.)  . 

Other conditions:- 

  • Undertaking  to issuance insurance letter on the car funded  annually in favor of the bank.
  • Signing acknowledgment of receiving the car and responsibility once he received it. 
  • A copy from the car License with banning in favor of the bank.