Saturday 04 September 2010
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Contact center
19033
Working Hours
From 8:00 AM till 3:00 PM.
Branches are open until 5:00 PM

 Mortgage Finance “Tamalak”

Features:

  • Finance purchasing/building/finishing of residential, commercial and administrative properties.
  • Customer age between 21 years and 60 years by the end of tenor (employee) and 65 years (self employed).
  • Offered to salaried and self employed customers.
  • Offered to Egyptians resident in Egypt or abroad and foreigners resident in Egypt.
  • Financing amount up to EGP 5 million.
  • Flexible repayment period up to 15 years.
  • Finance up to 80% of the property/bill of quantities' value.
  • Monthly installment should not exceed 40% of total income.
  • Minimum salary of EGP 2500 is required and joint income is accepted.
  • No Guarantor required.
  • Simple procedures for life and property insurances.
  • Property registration procedures are done by the bank on behalf of the client.
  • Pre-approved credit card and over draft limits.
  • Best service and lowest rates / charges.

Required documents from applicants

Signed protocols for offering mortgage finance to:

  • Tameer Company : Diar Eltameer compound in 6th October City. Average price of units varies between EGP 400,000 – EGP 800,000.
  • Arab Contractors:  Flowers Park compound in New Cairo City. Average price of units varies between EGP 1,500,000 – EGP 2,000,000
  • Halawani Company:
     a) Tiba Elsherouk compound in Sherouk City. Average price of units varies between EGP 1,500,000 – EGP  3,000,000.
     b)  Saraya Elmakreezy building in Heliopolis. Average price of units varies between EGP 1,300,000 – EGP   1,500,000.
     c) Garden City Stars building in Garden City. Average price of units varies between EGP 2,000,000 – EGP    2,700,000.
  • Kiroseiz Company:  Kiroseiz building in Alexandria. Average price of units varies between EGP 1,250,000 – EGP 2,500,000.
  •  Badr Eldin company: Karma Residence compound in Sheikh Zayed. Average price of units varies between EGP 350,000 – EGP 800,000.
  •  Tabarak Holding: Bayti compound in Six October. Average price of units varies between EGP 350,000 – EGP 500,000.

For more information, please call our Customer Contact Center on 19033