Features Fund learning opportunities for yourself or your children and jump start your future

Education Loan Showcase Source

Loan amounts that suit your income

Receive a loan of up to EGP 150,000 based on your cash flow to guarantee you the best repayment experience! Pay monthly installments of up to 50% of your monthly salary

Preferential interest rates

Use our loan calculator to find the best loan program for you, depending on how much you can pay monthly, or the bulk amount you need

Fastest approval process

Go through a quick approval process, and provide minimal documentation

Benefits The benefits of taking out a CIB Educational Loan

Your life in safe hands!

Maintain your peace of mind with life insurance during your loan repayment period

A flexible repayment period

Repayment periods of up to 5 years give you the flexibility to repay your loan at your comfort

Offers Discover the newest offers with CIB

We add new offers all the time, so remember to check back for the latest deals

Loan calculator Get an estimate of what your loan might look like

Calculate your repayments

Enter your preferred amount and estimate your monthly payments

Start calculating

Repayment examples of typical sums borrowed

  • Borrow EGP 30,000 & repay over 10 years

    EGP 651.01 per month

  • Borrow EGP 40,000 & repay over 10 years

    EGP 868.02 per month

  • Borrow EGP 60,000 & repay over 15 years

    EGP 1,211.93 per month

Rates and charges The rates and charges of the Educational Loan

Description Fees & charges
Arrangement fees on the total loan amount (Paid once)

1.5% from loan amount in case of:

  • Salary transfer with undertaking from the company to notify the bank in case service ended
  • Secured facilities by CDs/TDs

2% for any other type of customer

Assessment fees EGP 150 (Paid once)
Services charges fees EGP 20 (Monthly)
Late payment fees 5% on the amount due
Early payment fees (Full & partial) 5% from the total paid amount
Rescheduling fees 2% on the remaining balance

Requirements What you need to get your Education Loan

Request an Education Loan now and we will be in touch within 48 hours

Copy of a valid ID for Egyptians or passport for non-Egyptians

Recent telephone, electricity or gas utility bill (maximum three months old)

Recent HR letter or three salary slips or bank statements to cover the last six months (for non-payroll clients)

 

Additional documents may be requested depending on the case.

To apply for one of CIB’s unique loans, simply follow these steps:

  1. Complete the application form online or visit one of our conveniently located branches around Egypt
  2. Provide the documents required for your loan
  3. If approved, a CIB representative will contact you accordingly.

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