National Bank of Kuwait car loan — Car Loan

Car Loan
RateDeclining balance: 16.5%Calculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
9.15%
Monthly payment
11,490 EGP
Total payment
413,640 EGP

Payment breakdown

Rate
9.15%
Declining balanceCalculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
16.5%
Fees
5,600 EGP
Financed amount
320,000 EGP

Monthly payment11,490 EGP

Total payment413,640 EGP

Sale restriction & insurance

Sale restriction
Yes
Insurance
Unspecified

Early redemption fee

Early redemption fee rate: 5%

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National Bank of Kuwait car loan — Car Loan