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Home>> Personal Banking >> Floating Rate Time Deposits Share
 
 
Floating Rate Time Deposits

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Eligibility to Open Account  
 
 
  • Individuals (Egyptians and Foreign Residents).

  • Minors, in their names, under their legal guardian’s authority.

  • Non Individuals.

 
 
     
Currency  
 
  Egyptian Pound.  
 
 
     
 
Minimum Amount  
 
  EGP 1000 and its multiples.  
 
 
     
 
Duration  
 
  Available in different terms ranging from one week to one year.  
 
 
     
 
Interest Rate  
 
  Floating interest rate as per CBE Deposit Rate after reserves. For updated daily rates Click here.  
 
 
     
 
Interest Frequency  
 
  Interest is paid at maturity date and could be credited to your savings or current account or topped up to your deposit according to your choice.  
 
 
     
 
Interest Calculation  
 
  Interest is calculated based on amount and period.  
 
 
     
 
Breakage Penalty  
 
  2% less than the applied rate of the Time Deposit.  
 
 
     
 
Secured Lending  
 
  Customer can get secured loans, Overdrafts or credit cards up to 90% of the TD value with a minimum margin of 2% above declared rates.  
 
 
     
 
 
 
For more information;

 
  Call our Call Center on 19093  
 
  OR
 
  Send your inquiry here  
 
  OR
 
  Visit your nearest branch check Branch Locator  
 
 
 
 
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