The loan that's fast

This program is called Turbo because it’s a fast tracked programme with the following benefits:- Approval within 48 Hours Minimal Documentation Higher amounts up to EGP 750,000.

An applicant is considered self-employed if ANY of the following applies: Owns a sole proprietorship or is a partner/shareholder in a company. Applicant’s name is on the commercial registration of a partnership. Shareholder in a closed joint stock company, regardless of his/her ownership percentage. Owns over 50% of the shares of a publicly traded joint stock company.

The maximum amount for aa Turbo Loan is EGP 750,000 & the maximum tenor for a Turbo Loan is 7 years (84 months)

Please check the list of  mandatory documents to be presented to apply for a Turbo Loan: Commercial Registration Updated Taxation Card Partnership share, in case not a sole proprietorship company 6 Months personal or business bank statements

The Turbo Loan is offered to Mashreq existing self-employed customers and also to  new bank clients.

Our interest rates are competitive and are charged on a reducing balance. To find out more about this, please get in touch with a Bank representative.