- RateDeclining balance: 17.5% — Calculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 9.75%
- Monthly payment
- 11,600 EGP
- Total payment
- 417,600 EGP
Banque Misr car loan — Car Loan
Payment breakdown
- Rate
- 9.75%
- Declining balanceCalculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 17.5%
- Fees
- 4,000 EGP
- Financed amount
- 320,000 EGP
Monthly payment11,600 EGP
Total payment417,600 EGP
Sale restriction & insurance
- Sale restriction
- Yes
- Insurance
- Unspecified
Early redemption fee
Early redemption fee rate: 5%