Features The 20 year loan will bring your dreams within reach
As much money as you need
We offer cash loan amounts of up to EGP 1.5 million against your property with a maximum of 80% of its value to help you pursue your dreams
Pay us back over 20 years
Pay back the loan amount over up to 20 years, to give yourself the space you need to have the future you imagineLife and property insurance
Get life and property insurance until the end of the loan periodFloating interest
Repayment terms are based on floating interest rates linked to the Central Bank of Egypt’s published interest ratesMortgage calculator Get an estimate of your monthly payment
Calculate your repayments
Enter your preferred amount and estimate your monthly payments
Start calculatingRepayment examples of typical sums borrowed
-
Borrow EGP 500,000 & repay over 10 years
EGP 8,066 per month
-
Borrow EGP 1,000,000 & repay over 10 years
EGP 13,995 per month
-
Borrow EGP 1,500,000 & repay over 20 years
EGP 19,751 per month
Fees and charges The fees and charges for mortgages
| Service type | Commission/Fees |
|---|---|
| Application fee | EGP 300 |
| Appraisal fee |
Calculated on a case-by-case basis by the 3rd party appraisal company
|
| Admin fee | 1.5% of the loan amount |
| Early settlement fee | 5% of the paid amount |
| Late penalty | 5% over the current interest rate |
| Loan rescheduling fees | 2% from residual loan amount |
| Registration Fees and Expenses | Calculated on a case-by-case basis by the 3rd party registration company |
What you need to get a 20 year loan
Request a loan and customer service agent will be in touch within 48 hours
CIB mortgages are available to:
- Salaried employees
- Self-employed individuals
- Professionals (e.g.: doctors, pharmacists, university professors, and others)
Age limitations:
- Minimum age: 21 years old.
- Maximum age: 60 years old at loan maturity for salaried individuals; 65 years old for self-employed individuals.
For salaried employees, please provide a confirmation of employment from your employer.
For self-employed individuals, please provide:
- A copy of taxation card
- A copy of recent valid commercial register
- Financial statements for last 3 years or taxation endorsements or bank statements for the last 6 months
For professionals, please provide:
- A copy of your license for your practicing profession
- Copies of your taxation card
- Financial statements for last 3 years or taxation endorsements or bank statements for the last 6 months
Other documents may be required on a case-by-case basis.
What are the required property documents?
Documents for the property to be purchased will also be required and will depend on the type of property and its location.
For more information, contact CIB customer service at 19666, open 24 hours, 7 days a week.
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