Traditional Mortgage Loan

About

If you're looking to own your dream home, Mortgage Loan from NBK provides a solution at every step of your way. You can get a Mortgage Loan of EGP 10,000,000 with the option of convenient repayment up to 15 years.

Who is it For?

This initiative is for the below categories:
 

• Public, Private or Government sector employees
• Business owners
• Self-employed professionals
• Employees who work overseas

Note: Must hold Egyptian nationality

What Do I Get?

1. Life insurance during the loan duration

2. Fast procedures with minimum documents

What Makes It Special?

• Financing is available to purchase fully finished and ready-to-move or semi-finished housing units
• Financing is available for real estate in the various governorates of the Republic and the cities of the new urban communities
• Funding is available for employees (in the Public Sector or the Private Sector), business owners and liberal professions, Egyptians working abroad, and non-Egyptians, foreigners residing in Egypt, employees or business owners
• The value of the financing is up to 80% 
• Financing period of up to 15 years
• Competitive interest rate
• The possibility of merging the income of the husband or wife
• There is no maximum value for the housing unit
• The value of the installment does not exceed 40% for real estate financing, so that the total obligations do not exceed 50%
• The minimum age of the customer is not less than 21 years and not more than 65 years at the end of the financing

How Do I Get It?

• Determining your financial status according to your Debt Burden Ratio (DBR)
• Choosing the appropriate property by identifying the property's ownership (studying the documents legally)
• Preparing the documents required to obtain financing (income documents + inquiry documents from national ID and the attached receipt to the current place of residence)
• Provide the documents to NBK - Egypt
• The actual evaluation of the price of the property (determining the work at the evaluation or sale price, whichever is better, to calculate the financing value)
• You can apply for it by filling the application form online or visiting your nearest branch

Tell Me More

NBK Mortgage Loan enables you to own a property with many advantages, including:
 

• Financing the property you want to buy
• Convenient installments up to 15 years
• The property that you intend to buy is the basic guarantee for obtaining the financing
• Personal insurance which preserves the right to keep the unit in case of death
• Legal insurance, which is carried out by the legal department to preserve your rights and protect you from fraud