If you are the employee of a company which is part of our Payroll Programme, then you are eligible for this market leading offer. We offer rewards of up to EGP 3,000 when you transfer your salary to Mashreq Bank.
Are you ready to apply?
Benefits
Buyout loans
0% administrative fees
Flexible repayment period
Up to 12 years
Fast approvals
As little as 24 hours
You will need
Valid national ID
Valid utility bill
Last 3 months' bank statements with salary credits
Employer salary transfer letter as per Mashreq format OR Salary Cert. for Govt./ Semi Govt.employees
Eligibility
Monthly salary
Minimum of EGP 6,000
Company Approval Status
Employee should be employed by an approved company for eligibility
Employment term
Minimum 3 months length of service or 'Confirmed' with the current employer
Still got questions?
You can be rewarded up to EGP 3,000
Yes, you need to transfer your salary to Mashreq in a payroll relationship with the Bank.
Payroll relationship with the bank.
Minimum monthly Salary to Apply is EGP 6,000.
The loan instalment along with the overall regular monthly instalments should not exceed up to 50% of the monthly salary
T&Cs apply.
Applicant should be a confirmed employee in his company.
Mashreq offers Payroll Loans of up to EGP 1,320,000
The upfront costs related to a personal loan are processing fees and insurance fees.
The minimum tenure for a Payroll Loan is 6 months and the maximum tenure is12 Years
Our interest rates are competitive and are charged on a reducing balance. To find out more about this, please get in touch with a Bank representative.
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