Mashreq makes it easy to put you in the driver's seat by offering some of the most competitive car loan interest rates in Egypt. Our fast approval process simplifies it so you can get behind the wheel quickly.
Are you ready to apply?
Benefits
High loan amounts
Loan amounts up to EGP 1 million.
Flexible repayment
Repayment tenure up to 72 months.
Free credit card & insurance
Enjoy these benefits for the first year of your insurance.
You will need
Valid national ID
HR letter for employees of companies
Latest 3 months banks' statements with salary credits
Company registration and taxation card for self-employed
Eligibility
Minimum Monthly Income
Minimum Income is EGP 6,000.
Company approval status
Not mandatory to be employed by an approved company for eligibility.
Employment term
Minimum 6 months length of service or 'Confirmed' with the current employer.
Still got questions?
The minimum monthly salary to get a Car Loan is EGP 6,000.
No, you don't need to transfer your salary to Mashreq to get a car loan
EGP 1 milliion
The upfront costs related to a Car Loan are Processing fees and Insurance fee.
The minimum tenure for a car Loan is 6 months and the maximum tenure is 72 months.
Our interest rates are competitive and are charged on a reducing balance. To know more about this, please get in touch with our bank representative.
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Gold Loans
A programme tailored for Mashreq Gold clients with a high loan amount.