Tomorrow, the Eid al-Adha holiday 2021 will end, and a large number of employees spend their salaries on Eids and the purchase of sacrifices. Accordingly, a number of banks have provided a salary withdrawal service in advance, so that employees receive part of their salary, as a credit facility, to help them with expenses.
Details of the advance salary withdrawal service in a number of banks:
QNB Al Ahli Bank:
The possibility of obtaining a credit limit of up to 50% of the net salary in advance, and the withdrawn amount is paid immediately after the transfer of the next monthly salary, and the duration of the credit limit is one year and can be renewed, and the minimum net monthly income is 1500 pounds.
Arab African International Bank:
The service is provided with a facilitation rate of up to 90% of the value of the customer’s monthly salary, with a minimum of one thousand pounds and a maximum of 100 thousand pounds as a maximum, without interest and without payment fees, and in the event of non-payment, an interest rate is established.
Bank of Alexandria:
This service is renewed monthly, with a facility value of up to 90% of the monthly transferred salary, and the minimum service period is 3 months.
The highest facility value reaches 65% of the monthly salary, with a maximum of 20,000 pounds, and a minimum of 500 pounds. The amount of the facility can be withdrawn or paid more than once during the same month, and the return rate does not reach 1%, and administrative expenses are 50 pounds annually, and the amount is paid Withdrawn immediately upon transfer of the monthly salary.
Commercial International Bank:
You have an advance credit limit of up to 90% of the monthly salary with a maximum of 150,000 pounds. The balance can be withdrawn directly from ATMs, and there are no fees in the event of cancellation or payment.
Credit Agricole Bank:
service Withdraw salary in advance For about 50% of the average monthly salary, and the salary transfer process must be completed for at least 3 consecutive months, to obtain the service, the interest value came monthly at 2%, and annual expenses ranged from 100 to 150 pounds, and the balance is settled directly from the next month’s salary.
The salary can be withdrawn in advance with the value of the facility up to 65% of the monthly salary, with a maximum of 20,000 pounds, and a marginal interest rate.