Qatar National Bank car loan — Car Loan

Car Loan
RateDeclining balance: 15.5%Calculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
8.56%
Monthly payment
11,330 EGP
Total payment
407,876 EGP

Payment breakdown

Rate
8.56%
Declining balanceCalculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
15.5%
Fees
5,600 EGP
Financed amount
320,000 EGP

Monthly payment11,330 EGP

Total payment407,876 EGP

Sale restriction & insurance

Sale restriction
Yes
Insurance
Unspecified

Early redemption fee

Early redemption fee rate: 6%

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