| Saving Schemes in Local Currency |
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| Home > Our Products > Retail Banking > Savings Schemes > Saving Schemes in Local Currency |
Saving Schemes in Local Currency | - Term Deposit Accounts in Egyptian Pound
- Savings Accounts
- Dual Advantage Savings Accounts.
- Youths and Small Depositors Savings Accounts.
- Certificate of Deposits
- 1-year Variable Rate CD
- 3-years Variable Rate CD
Features:- Three Years Maturity.
- Denominated in EGP1000 and 5000 and their multiples.
- Automatically renewed.
- Pay a variable rate calculated from the purchasing date and cashed quarterly.
- The certificate is nominal and can be purchased on behalf of a third party.
- Can be issued in the name of natural or legal persons.
- Can be redeemed after 6 months from the purchasing date according to the redemption rules.
- 3, 5-years Cumulative Rate CD
Features:- Three/Five Years Maturity.
- Denominated in EGP1000, 5000 and 10000.
- Pay a cumulative rate cashed at the maturity date.
- The certificate is nominal and can be jointly owned.
- If lost, an alternative certificate can be issued.
- Can be issued in the name of legal persons.
- Can be purchased on behalf of a third party.
- Can be donated.
- Can be redeemed after 6 months from the purchasing date according to the redemption rules.
- Provide a fixed compound interest rate till the certificate maturity date.
- 7-years Variable Rate Monthly Income CD.
Features:- Seven Years Maturity.
- Denominated in EGP750, 3000 and 7500.
- Pay a monthly income variable every 6 months.
- Automatically renewed.
- Can be redeemed after 6 months from the purchasing date according to the redemption rules.
- Yomaty CD
Yomaty Certificate is a three years fixed deposit account offers individual customers a savings certificate at 0.125% interest annually, with a chance to win LE 50,000 daily.
Features:- Minimum certificate value is LE 100.
- Eligibility for the draw after one month from the date of issuance.
- No maximum amount for investment.
- Available for Egyptian and Expatriate resident and non-resident.
- Minimum age is 21 years, individuals of age less than 21 years can by along with their parents or legal guardian.
- The holder of the certificate can get overdraft of 5 times of the certificate value to buy new Yomaty Certificate. Interest percentage of 13%p.a. to be collected upfront from the customer. The overdraft will be valid for 12 month
- Free credit with limit of 80% of the certificate value could be granted against lien on the certificate
For more information, please call our Customer Contact Center on 19033
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