Features Fulfilling your financial flexibility requirements
Secured Overdraft

Stay liquid

The overdraft provides maximum liquidity against your treasury bills portfolio

Keep your portfolio intact

Receive a secured overdraft facility against Treasury Bills with amounts up to a Loan-to-Value of 80% of the Treasury Bill value

Flexible repayment

Pay back the facility amount over one year

Attractive pricing

The secured overdraft pricing is based on corridor + 4% spread in addition to the highest monthly debit balance fees

Eligibility

This product is only applicable to Treasury Bills collateral under CIB custody
Requirements What you need to receive a World Elite Credit Card

Eligibility Criteria:

  • Minimum age: 21, maximum age: 60 at loan maturity
  • Minimum net salary: EGP 2,600

Insurance: Life insurance covers outstanding balance in case ofdeath

Required documents: Application form, valid national ID, recent HR letter or three pay slips* or bank statements

 

*Applicants who have had a payroll relationship with CIB for more than three months do not have to provide an HR letter or pay slips.

Eligibility Criteria:

  • Minimum age: 21, maximum age: 60 at loan maturity for salaried , 65 for self- employed individuals.
  • Minimum net salary: EGP 2,600 - for salaried customers, EGP 10,000 - for self-employed customers

Insurance: Life insurance covers outstanding balance in case of death

Required documents:

  • Application form, valid national ID, bank statement, and a recent utility bill
  • Salaried individuals: Recent HR letter or three pay slips
  • Self-employed individuals: Valid commercial register and bank statement

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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