Through Al Baraka Bank Bank’s Financing Clubs Memberships Program, you can finance the sports club’s membership through easy procedures and convenient payment systems to complete the bank’s plan for providing a wide range of financing programs that meet most of the customers’ needs.
Terms and Conditions Apply
Al Baraka Bank Egypt B.S.C. (C) All rights reserved
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Features
- Minimum down payment: 10%
- Financing amounts: Up to EGP 200,000.
- Tenor: up to 60 months.
- Debt burden ratio: 50% of net income.
- Competitive rates.
- Sharia-Compliant: Al Baraka Bank’s financing clubs memberships adheres to sharia principles (Ijara).
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Required Documents
- Valid National ID (for Egyptians)
- Valid passport, Valid Residency Permit (for foreigners).
- Recent Utility Bill (phone, electricity, gas, etc.).
- Price offer from the club
Proof of Income for employed
- Salary Transfer: An undertaking approved by our bank to transfer salary or installment + a recent income certificate.
- Non-Salary Transfer: 6 months statement (personal) or recent HR letter certified by a bank signature or eagle stamp that has not been older than a month.
Proof of Income for self-employed
- 6 months statement personal or corporate.
- Recent commercial register & Valid tax card.
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Eligibility
Financing clubs memberships is eligible to:
- Age from 21-60 years (employed).
- 65 years (self-employed).
For more information fill out the form below and one of Al Baraka Bank’s representatives will contact you.