Time Deposits with Different Frequencies
3 & 6 Months TD with Monthly Payout
A. Interest frequency: Monthly
Minimum amount: EGP 10K
| Duration | Interest frequency payment | Interest Rate | Minimum |
|---|---|---|---|
| 3 Months | Monthly | 15.00% | EGP 10K |
| 6 Months | |||
| 15.50% |
B. Interest frequency: Monthly
Minimum amount: EGP 500K
| Duration | Interest frequency payment | Interest Rate | Minimum |
|---|---|---|---|
| 3 Months | Monthly | 15.50% | EGP 500K |
| 6 Months | |||
| 16.00% | |||
| 12 Months | 15.50% |
Time deposits with different payment frequency in local currency
Interest frequency: monthly / quarterly / semi-annually
|
Duration |
Monthly |
Quarterly |
Semi-Annual |
Minimum Balance |
|---|---|---|---|---|
|
1 year and less than 2 years |
4.25% |
4.35% |
4.45% |
EGP 5,000 |
|
2 years and less than 3 years |
5.00% |
5.10% |
5.20% |
|
|
3 years and less than 5 years |
5.25% |
5.35% |
5.45% |
|
|
5 years and less than 7 years |
5.50% |
5.60% |
5.70% |
Time Deposit with different payment frequency in USD
Interest frequency: monthly / quarterly / semi-annually / annually
|
Duration |
From 13 months to 24 months |
From 25 months to 36 months |
Minimum Balance |
|---|---|---|---|
|
Monthly |
0.50% |
0.75% |
USD 1,000 |
|
Quarterly |
0.60% |
0.85% |
|
|
Semi-Annual |
0.80% |
0.95% |
|
|
Annually |
0.90% |
1.00% |
- Interest will be calculated 2 working days from the issuance date for USD Time Deposit.
Benefits:
- Possibility of issuing and redeeming the deposit at any of Banque du Caire branches.
- The option to credit time deposit amount and returns to the current or savings account as per customer preference.
- The time deposit is renewable as per the client's request.
- Availability of issuing the time deposit in joint or minors name.
- It is required to open a current or savings account in USD to issue a USD time deposit.
- The possibility of issuing the Time Deposit for individuals.
- The possibility of granting a credit facility against the time deposit with same currency, and with simple terms.
Required Documents:
Individuals:
- National ID
- Passport for foreigners
- Birth certificate for minors
- Recent utility bill (with current address)