Time Deposits with Upfront interest
Time Deposit with Upfront interest rate
|Duration||Interest Rate||Minimum issuance balance||Issuance Amounts|
|3 Months||7.50%||EGP 300,000||Multiples of EGP 100,000|
The total TD interest is credited next day of issuance
- 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.
It is required to open a current or savings account to issue a time deposit
- National ID.
- Passport for foreigners.