Pension Loans with Guarantees from Nasser Social Bank: How to Apply and Qualify

2023-06-01 21:15:16

It is now possible for pensioners to obtain a loan with a pension guarantee, as part of the distinguished financing programs and banking services provided by Nasser Social Bank to all citizens of all categories, as it is possible to benefit from the good loan that the bank offers to pensioners, with simple administrative expenses and the easiest payment methods. Nasser Social Bank is one of the most important Egyptian banks that was founded in 1971 AD and is concerned with investment, trade, mortgage and credit cards in Egypt. The bank was established by a decision of President Mohamed Anwar Sadat in order to provide various aids and subsidies to all citizens, with a capital of 1.2 million pounds.

How can you apply for a pension loan from Nasser Bank?

You can apply for a loan whose value amounts to about (10 thousand pounds), while the loan value can be repaid for a period of three years, while the loan is executed in the event of the death of the borrower.

In order to be able to obtain the loan with the guarantee of the monthly salary from the pension, it can be obtained by providing a guarantor from the employees of the state’s administrative apparatus.

If you choose to borrow with a pension guarantee, you must:

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