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المصري اليوم
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المصري اليوم

2026-11-10T00:17:27.000Z

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Nasser Bank Microbus Loan

Nasser Bank Microbus Loan

Nasser Social Bank offers financing of up to EGP 3 million to purchase taxis and minibuses for eligible applicants, including government and public-sector employees, pensioners and their heirs, and holders of savings accounts or certificates. The rate is 13% for a five-year term or 15% for a ten-year term, with administrative fees of 1.5% of the financing amount. Debt payments may not exceed 75% of net income, rising to 90% if the applicant has additional income. Required documents include a financing application, a vehicle price quotation, a national ID card, proof of salary or pension, and documents for the guarantor, along with declarations and a recent utility bill. Guarantees vary by applicant category. The bank determines the financing amount after reviewing the documents, income, and ability to repay.

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