EV9 2025 Air Car Loan Calculator in EGYPT

To be eligible for a car loan in Egypt, you generally need to be at least 21 years old, have a steady source of income, and provide necessary documents such as ID, proof of income, and sometimes a down payment.

Applying for a car loan can impact your credit score. A hard inquiry is made when you apply, which may temporarily lower your score. However, timely repayments can improve your credit history.

When choosing a car loan, consider the interest rate, loan term, monthly payments, any additional fees, and the lender's reputation.

Yes, typically you will need your national ID, proof of income (like salary slips), bank statements, and possibly documents related to the vehicle you wish to purchase.

Interest rates for car loans in Egypt can vary widely depending on the bank and the market conditions, but they typically range from 10% to 20%. It's best to check with various lenders for the most accurate rates.