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 Overdraft Facility

Product features:

  • Offered to customer (Egyptians or expatriates) having their salary assigned to AlexBank.
  • Age between 21 years and 65 years.
  • Minimum Monthly Net Salary 800 Egp.
  • Minimum Length of Service 6 months.
  • Competitive Interest Rate and charges.

Parameters:


Salary Max. Limit
Gross salary = EGP. 1000 to 2999 1   X net salary
Gross salary = EGP. 3000 to 5999 1,5   X net salary
Gross salary = EGP. 6000 to 9999 2   X net salary
Gross salary => EGP 10000 3   X net salary

Documents Required:

  • Copy of National ID
  • Recent Salary letter from the employer stating length of service, salary details, and certify that the customer still in service (dated maximum 15 days).
  • Salary transfer letter

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