Egypt**  | عربي

Real Estate Letter of guarantee

 

Buy the real estate you want and keep your savings

Issue an L/G from QNB ALAHLI in favor of the seller against your savings, which ensures that the seller receives the installments in its due dates. This L/G could be issued for a real estate purpose, whether buying an established unit, land, under construction unit or building your own home.

 

Benefits for buyer:

• Buy the real estate you desire without touching your savings
• Quick and convenient way of payment with minimum documentations
• No income proof documents are required
• Enjoy the convenience of the automatic deduction of installments from your account without having to come to the bank
 

 

Benefits for seller:

• Ease of selling the unit and guaranteeing receiving installments in their due dates
• This L/G will guarantee that the buyer will pay the seller the agreed upon installments (bank will debit buyer’s account and credit seller’s account) based on the agreed upon dates
 
 
 

Features:

• L/G guarantee duration up to 61 months
• L/G amount could reach up to EGP5,000,000 with maximum 85% of the pledged collateral (TDs or CDs)
• Both buyer and seller must be bank’s clients
• Minimum age is 21 years and without maximum age
 
 
 
 
 

Terms and conditions apply

To apply, e-mail us on Retail.apply@qnbalahli.com and a bank representative will contact you shortly

For more information, please call 19700 or visit nearest branch

 

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