Used Car Financing in Egypt 2026
Major Banks
- National Bank of Egypt: 18-22% declining, up to 7 years
- Bank Misr: 19-23% declining, up to 7 years
- CIB: 17-21% declining, up to 5 years
Requirements
- Minimum income: 5,000-8,000 EGP/month
- Down payment: 20-40%
- Comprehensive insurance required
Example: 400K EGP car
- Down payment (30%): 120K EGP
- Financed: 280K EGP
- Monthly payment: ~6,200-6,800 EGP (5 years, 20%)
Cash is always better — saves 30-50% total cost. If financing, take the shortest term possible.
