|
|
| Definition: |
NBAD's Housing loan program is designed to facilitate and fulfill the individuals' needs for
their desired residential units. The program is offering big loans' amount, long tenors,
competitive interest rate and much more. The loan is available for employees, self-employed,
business owners and professions. The loan is available for employees either Egyptians or Expatriates.
|
| Features and Benefits: |
- A very big ticket, Loan amount up-to EGP 3 million.
- Flexible payment conditions, 1st installment after 4 months.
- Flexibility in down payments.
- Loan tenor up-to 8 years.
- Very attractive interest rate, which it differs based on the tenor of repayment.
- Very quick processing time.
|
| Initial Required Document: |
- Proof of income.
- Valid Taxation Card and commercial register for business owners.
- Copy of valid Identification Card or passport of residents.
- Recent utility bill.
- Unit Evaluation Report for the Residential Unit prepared by an authorized Evaluation firm.
|
|
|