- RateDeclining balance: 18% — Calculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 10.05%
- Monthly payment
- 11,680 EGP
- Total payment
- 420,480 EGP
Banque Misr car loan — Car Loan
Payment breakdown
- Rate
- 10.05%
- Declining balanceCalculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 18%
- Fees
- 4,000 EGP
- Financed amount
- 320,000 EGP
Monthly payment11,680 EGP
Total payment420,480 EGP
Sale restriction & insurance
- Sale restriction
- Yes
- Insurance
- Unspecified
Early redemption fee
Early redemption fee rate: 5%