Banque Misr participates in the CBE social and middle-income housing initiative. Civil servants and pensioners apply through it for subsidised rates — and need twelve months of clean statements.
Convert your Banque Misr statementEgypt's CBE mortgage initiative offers subsidised rates for social and middle-income housing. Banque Misr is a major originator, particularly for civil servants and pension recipients — its core customer base. For these applicants, Banque Misr mortgages are often the most accessible path to ownership.
What the Mortgage Finance Authority (MFA) wants for the file: twelve months of statements showing stable monthly income ("مرتب" or "معاش"), absence of recurring overdraft, and a documented down-payment source. The MFA often requires a certified statement copy from the Banque Misr branch rather than a self-downloaded PDF.
Banque Misr's Arabic-first statement format is familiar to every Egyptian mortgage underwriter and the MFA. The "مرتب" or "معاش" line is the primary income evidence. Existing "قسط قرض" debits are subtracted from gross income. Cash deposits ("إيداع نقدي") need to be documented if they're part of the down payment.
Down-payment seasoning matters as much here as for any mortgage. Funds need to have been in the account for at least sixty days. For Banque Misr customers with informal cash income, getting the down-payment funds into the account well in advance is critical.
Twelve months gives the MFA-aligned underwriter enough history to verify income stability, source the down payment, and check for any unexplained inflows.
Arabic-first bilingual PDF. Primary column labels in Arabic with English equivalents. Columns: serial number, date, description (Arabic), debit (EGP), credit (EGP), balance (EGP). Common Arabic labels: 'إيداع نقدي' (cash deposit), 'سحب ATM', 'تحويل داخلي', 'قسط قرض'. Account header shows account number, branch name, and statement period in both Arabic and English. Banque Misr statements from 2022 onward may have wide balance swings due to EGP devaluations.
| Label | Meaning |
|---|---|
| إيداع نقدي | Cash deposit |
| سحب ATM | ATM cash withdrawal |
| تحويل داخلي | Internal transfer between Banque Misr accounts |
| قسط قرض | Loan instalment deduction |
| مرتب | Salary credit |
Rules in Egypt differ — see our country guide
Pull twelve months from Banque Misr
Egyptian mortgage underwriting wants twelve months minimum. Download from BM Online or request a branch-stamped copy from your local Banque Misr branch — the MFA usually requires the branch stamp.
Upload and review
Drop the PDF into Kashfbank. The converted spreadsheet lets you walk through the statement row by row before submission. Arabic narration is preserved on each row.
Document the down payment
Identify the credits that built up your down payment. Recent large credits need source-of-funds documentation. For cash deposits, prepare receipts or affidavits explaining the source — informal cash income is acceptable if documented.
Check income stability
Twelve "مرتب" or "معاش" credits, same source, similar amounts. State payroll occasionally shifts on holiday timing — explain if relevant. The underwriter averages over the twelve months.
Submit
Submit the original branch-stamped Banque Misr statement plus down-payment source documents. Use the converted CSV to brief the underwriter on cash deposit rows or any one-time entries.
Common challenges
Does Banque Misr's own mortgage product offer subsidised rates?
Yes — Banque Misr participates in the CBE social and middle-income housing initiative with subsidised rates for qualifying applicants. Civil servants and pension recipients banking with Banque Misr are the primary target customers.
I receive a state pension at Banque Misr. Can I get a mortgage on it?
Yes. Pension income is acceptable for mortgage underwriting, though the loan term is capped based on expected pension duration. The "معاش" credit line on twelve months of Banque Misr statements is strong evidence.
Some of my down payment is in cash deposits. Will the MFA accept that?
Cash deposits are acceptable if you can document their source. Prepare receipts, affidavits, or business sales records that explain where the cash came from. Recent unexplained cash deposits will trigger a source-of-funds question.
Does the MFA require a branch-stamped Banque Misr statement?
Most MFA-affiliated lenders prefer a branch-stamped statement over a self-downloaded PDF. Visit your Banque Misr branch and request a certified statement for the period required. Kashfbank can convert either the original PDF or a scanned copy of the branch statement for your own review.
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Regulator: Central Bank of Egypt (CBE)
Fiscal year: Jul 1 – Jun 30 (government); Jan–Dec (private sector)
Full country guide →Statement language: Arabic / English