Moving forward is always a key goal in our lives. Thus, if it is part of your plan to upgrade your home and getting a new one, always dream of a bigger home! Choose the apartment or villa that suits your lifestyle and Crédit Agricole will finance it for you through our Housing Finance Program
Features & Benefits:
- Competitive interest rate
- Financing up to 80% of the unit value
- Loan amount up to EGP 10 million
- Flexible repayment duration from 1 year up to 15 years
- Possibility to include additional income sources
- Possibility of co-borrowing with 1st relative degree or 2nd relative degree income to increase the loan amount
- Life and property insurance benefits
- Our legal experts will support you with the ownership documents verification, registration process, ownership transfer of the unit and the documentation
- Appraising unit to asses price
- Fast processes
General Terms & Conditions:
Age
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Minimum age is 21 years old and maximum age 60 for employed customers and 65 for self-employed customers(at loan maturity)
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Monthly Income
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Minimum EGP 4,000
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Type of Employment
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- Employed (salary transferred to CAE)
- Employed (salary transferred to another bank)
- Self Employed
- Professionals (Doctors, Pharmacists etc…)
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Monthly Instalment
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Up to 40% of your net monthly income
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Unit Eligibility:
Unit Type
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Residential fully constructed units
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Unit Registration Status
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Registered units, eligible for registration units and allocated units
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Unit location
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Units in existing cities, new urban communities and compounds
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THE REQUIRED DOCUMENTS:
Personal Documents
- Valid ID
- Utility Bill (issuance date to be within 3 months from application date)
Income Documents
Profession
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Income document
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Egyptian Employed
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- HR letter (dated, stamped, signed, showing net or gross income)
- Bank statement for the past six months showing salary transfer
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Foreigner Salaried
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- HR letter (dated, stamped, signed, showing net or gross income)
- Bank statement for the past six month showing salary transfer
- Valid residency/work permit
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Egyptian Self-Employed
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- Company contract/article of association
- Commercial register (issuing date within 3 months)
- Taxation card
- Audited financials for the last 3 years
- Personal or corporate bank statement for the past 12 months (stamped and signed)
- Last year’s company income statement
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Egyptian Professional
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- Personal or corporate bank statement for the past 12 months (stamped and signed)
- Taxation card
- Profession certificate
- Egyptian association syndicate card + clinic license (for doctors)
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Unit Document
Unit Registration Status
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Unit Documents
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Registered Unit
(Existing cities / new urban communities)
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- Copy of registered title contract (from seller)
- Copy of real estate certified status
- Copy of seller valid ID
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Eligible for Registration
(Existing Cities / new urban communities)
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- Copy of certified building license
- Copy of construction design for first and repeated floors
- Copy of real estate certified status
- Primary contract
- Certified statement stating unit share in land
- Copy of seller valid ID
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New Urban Communities
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- Land designation decision or unit contract
- Land receiving report
- Building license for the unit
- Recent financial position from the new city authority
- Copy of seller valid ID
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Compound
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- Ministerial decision or unit contract
- Land receiving report
- Copy of certified building license
- Copy of commercial registration of the developer
- Recent financial position from new city authority
- Primary contract between client and developer
- Approved site master plan
- Copy of seller valid ID
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To know about the importance of real estate registration, addresses of real estate registration and documentation headquarters, and addresses of postal outlets click here
For more information:
- Visit your nearest branch
- Please contact us on 19191
Terms and conditions apply