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Housing finance CBE initiative 8% for middle income clients

Your new home ... the easy way

Buying your own new home is one of the happiest events in life, but like all major events, it can often seem a bit overwhelming. Don’t worry, Crédit Agricole understands your ambitions and offers you 

The Housing Finance program in line with the Central Bank of Egypt’s Initiative. The Housing Finance program offers you a subsidized interest rate 8% and a finance amount up to EGP 2,000,000. It comes in easy steps to start a new life in a new home, free from any complications.

Program details:

  • Subsidized interest rate: 8%
  • Flexible repayment schedule from 5 years and up to 20 years
  • Financing up to 80% of the unit value with an amount up to EGP 2,000,000
  • Possibility to include additional income sources
  • Possibility of co-borrowing with your spouse to increase the loan amount
  • Income of unmarried person: Up to EGP 40,000
  • Income of married person (Husband and wife): Up to EGP 50,000
  • Fast processes

Unit specifications:

  • Maximum unit price: EGP 2,500,000
  • Renovation level: Fully finished

 

 

For more information, please visit the nearest branch

Terms & Conditions apply