Car Loan

Drive away in the car of your dreams

with attractive rates

Up to EGP 1 million

loan

Flexible repayment options

up to 72 months

Competitive interest rates

& first year insurance

Discover the perfect car loan

 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.

You may also be interested in

Gold Loans

A programme tailored for Mashreq Gold clients with a high loan amount.

Loan amount up to EGP 1.3M

Dedicated Relationship Manager

Discounted fees & rates

Payroll Loans

Transfer your salary and enjoy a welcome bonus of up to EGP 3,000.

Repayment period up to 12 years

Buyout loans with 0% admin fees

Simple documentation & quick processing

Download Mashreq Mobile App

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