- RateDeclining balance: 21% — Calculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 11.88%
- Monthly payment
- 12,282 EGP
- Total payment
- 442,148 EGP
Societe Arabe Internationale De Banque car loan — Car Loan
Payment breakdown
- Rate
- 11.88%
- Declining balanceCalculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 21%
- Fees
- 8,000 EGP
- Financed amount
- 320,000 EGP
Monthly payment12,282 EGP
Total payment442,148 EGP
Sale restriction & insurance
- Sale restriction
- No
- Insurance
- Unspecified
Early redemption fee
Early redemption fee rate: 6%