Personal Banking

EGP Interest in advance Time Deposit
  • Offered for Individuals & corporate customers.
  • Currency: EGP
  • Min Balance EGP 500,000  & incremental of EGP 1000
  • Flexibility to choose the TD’s tenor as follows: 
    • 1 Month Interest rate 20%
    • 3 Months Interest rate 21%

 

  • Redemption Rules:
    • Time deposits one Month & three months tenor, all the interest will be deducted.
    • Time deposits six months tenor will deduct 50% of the interest on the passed period before redemption date & deduct the interest on the remaining period without applying redemption penalty.

 

Time Deposit
USD Time Deposit in Advance
  • Offered to Individuals & corporate customers
  • Currency: USD
  • Flexibility to choose the TD’s tenor and frequency as follows: 
    (1 Month, 2 Months, 3 Months, 6 Months, 12 Months ) 
  • Interest rate determined based on the tenor as per the bank’s policy 
  • Overdraft Facility up to 85% from TD amount 
  • Can be renewed at maturity for the same period according to the published interest rate at the time of renewal or to be disbursed in the account as per customer request.
  • TD minimum balance 500$ and incremental of 500$

Redemption Rules:

  • Allowed after one month upon TD issuance
  • The interest will be calculated based on the Actual Days (before redemption) will deduct the interest on the remaining period without applying redemption penalty.