Time Deposits with Upfront interest
Tenor | Interest Rate |
---|---|
1 Month | 18.05% |
3 Months | 16.25% |
6 Months | 15.65% |
9 Months | 14.65% |
1 Year | 12.75% |
Benefits
- Competitive interest rates based on the duration of the TD.
- 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.
- Possibility of issuing and redeeming the deposit at any of Banque du Caire branches.
- The possibility of granting a credit facility against the TD with same currency & with simple terms.
- Client can break his TD anytime before maturity.
Required Documents
It is required to open a current or savings account to issue a time deposit
- Valid national ID.
- Vaild passport for foreigners.