3-Year EGP Floating Certificate of Deposit “EL-Hassaad”
Overview
Flexible interest payment options to fulfill your needs
Eligibility:
Minimum value EGP 1,000
Term of 3 years
Floating interest rate
Interest payment options:
Monthly : Central Bank of Egypt Corridor deposit rate Minus 1.25%
Quarterly : Central Bank of Egypt Corridor deposit rate Minus 1.00%
Semi Annual :Central Bank of Egypt Corridor deposit rate Minus 0.75%
For CDs rates please enter Certificates Rates.
Benefits
Interest calculated from issuance date.
No issuance fees.
Eligible to borrow up to 95% of its value.
Eligible to get Suez Canal Bank's credit cards (Free issuance fee for first year).
Required Documents
Copy of valid National Identification for Egyptians or passport for Foreigners. Original document should presented.
Copy of birth certificate for minors. Original should be presented.
Recent utility bill (electricity, telephone bill, ...etc)
* Other documents may be requested.
* Terms and conditions apply.