Features Get the home you want
Buy your new dream home with our Standard Mortgage
Dream big, we've got you covered
We offer mortgage amounts of up to EGP 10 million, with a maximum of 80% of the property value, to help you buy the home you're looking for.Pay us back at your ease
We offer loan repayment periods from 1 year up to 20 years.Buy a residential or summer home
Our standard mortgage is available to those looking to purchase residential properties, as well as summer houses in the North Coast and Red Sea areas.Registered and non-registered properties
We finance registered properties as well as non-registered properties in some of the most distinguished real estate compounds.Fixed or Floating interest
Choose from our flexible interest rate options; fixed, variable, or a combination of both to fit your needs and preferences.Pay only upon booking
Application fees and property assessment charges are free. Pay only an administrative fee of 2%.Life and property insurance
Get life and property insurance until the end of the loan period.Mortgage 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 1,000,000 & repay over 5 years
EGP 27,619 per month
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Borrow EGP 1,000,000 & repay over 15 years
EGP 19,058 per month
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Borrow EGP 10,000,000 & repay over 20 years
EGP 190,576 per month
Fees and charges The fees and charges associated with a standard mortgage
| Service type | Commission/Fees |
|---|---|
| Administrative Fee (paid once in advance) | 2% of the loan amount |
| Partial early settlement fee | 7% of the paid amount |
| Full early settlement fee | 7% of the outstanding balance |
| Buyout fees | 10% of the outstanding balance |
| Registration and Mortgage fees & expenses | Calculated on a case-by-case basis |
| Late penalty fees | 5% over the applied interest rate on the late amounts |
| Rescheduling fees | 2% of the outstanding amount |
Requirements What you need to get a Standard Mortgage
Request a Standard Mortgage and a 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:
- Copy of National ID
- HR letter or 3 recent original pay slips or 3 recent months of bank statements
- Recent utility bill
For Self-Employed Individuals:
- Copy of National ID
- Copy of recent commercial register
- Copy of tax card
- Bank statement for the last 6 months, or 3 years of tax declarations, or audited financial statements
- Recent utility bill
For Professionals (Doctors, Dentists, etc.):
- Copy of National ID
- Copy of tax card
- Bank statement for the last 6 months, or 3 years of tax declarations, or audited financial statements
- Copy of practicing certificate or syndicate membership
- Recent utility bill
*Additional documents may be requested on a case-by-case basis.
Documents for the property to be purchased will 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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