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Loans

Car Loan against deposits

Your Dream Car is one step away

This Program provides you with the opportunity to buy whether the new car or the used car you want, while allowing you to save for the future

Benefits

  • Get a loan to buy either new or used car
  • You will get full amount of your time deposit / fixed saving certificate at loan maturity
  • Neither prohibition on sale nor car insurance

Features

  • Lending up to 95% of time deposit / fixed saving certificate value
  • Low interest rate:
    1. Against Time Deposit (TD): only 2.50% over the TD rate for Local currency, and 2.00% above the TD rate for Foreign Currency.
    2. Against Certificate of Deposit (CD): only 2.00% over the CD rate.

  • Admin fees: 1.00% from loan amount.

Eligibility

  • Offered to Egyptians & foreign residents
  • Minimum age 21 years at loan disbursement

Required Documents

  • Egyptians: Photocopy of Valid ID
  • Foreign residents: Photocopy of Valid Passport
  • Vehicle Performa invoice

 

 

* Terms & Conditions apply.

For more information, visit your nearest NBG Branch or Call us on

National Bank of Greece S.A. reserves the right to change any information or requirements mentioned above without prior notice.