National Bank of Kuwait car loan — Car Loan

Car Loan
RateDeclining balance: 18.75%Calculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
10.5%
Monthly payment
11,850 EGP
Total payment
426,600 EGP

Payment breakdown

Rate
10.5%
Declining balanceCalculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
18.75%
Fees
5,600 EGP
Financed amount
320,000 EGP

Monthly payment11,850 EGP

Total payment426,600 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