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Loans

Pension Loan

Your pension is just the beginning

We understand that finances are tight and life is not cheap, and sometimes you need a little help to get through some financial situations and you find it hard to borrow from banks in Egypt.

Just because you're a pensioner shouldn't mean you can't ever find a loan when you're facing sudden and unexpected expenses such as car repair, a small vacation or some items for your home or other needs.

Just be able to transfer your pension to NBG, and we can offer you a loan within 48 hours.

Benefits

  • Approval within 48 hours*
  • Competitive interest rate
  • Discounted administration fees
  • We can buy-out your loan from any other bank
  • Free debit card for the first year
  • Free Life Insurance during the loan repayment period

Features

  • Flexible repayment period starting from 6 months up to 60 months
  • Loan amount up to EGP 75,000
  • Debt service coverage ratio up to 35%

Eligibility

  • Currently earning monthly income through your pension
  • Transfer pension to NBG account
  • Minimum 6 months living at current residence
  • Minimum net pension income is EGP 1,750

Required Documents

  • Photocopy of Valid National ID
  • Recent Utility bill with current address
  • Pension proof

How to apply?

Visit any of our branches along with required documents and fill the account opening application form.

*Subject that all documents are valid and accurate.

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.