- RateDeclining balance: 20% — Calculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 11.26%
- Monthly payment
- 12,050 EGP
- Total payment
- 433,796 EGP
Societe Arabe Internationale De Banque car loan — Car Loan
Payment breakdown
- Rate
- 11.26%
- Declining balanceCalculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 20%
- Fees
- 5,600 EGP
- Financed amount
- 320,000 EGP
Monthly payment12,050 EGP
Total payment433,796 EGP
Sale restriction & insurance
- Sale restriction
- Yes
- Insurance
- Unspecified
Early redemption fee
Early redemption fee rate: 6%